Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title X > Chapter 1 – Annuity Contract
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Terms Used In Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title X > Chapter 1 - Annuity Contract
- Agency: shall include the Department of Children and Family Services, the corresponding department of any other state, and those private agencies and institutions licensed for the placement of children for adoption by the Department of Children and Family Services or by the corresponding department of any other state. See Louisiana Children's Code 1003
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Child in need of care: means a child adjudicated as such under Title VI. See Louisiana Children's Code 1003
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1003
- Permanent placement: means either placement of the child with a legal guardian or placement of the child with adoptive parents pursuant to a final decree of adoption. See Louisiana Children's Code 1003