Louisiana Revised Statutes 10:9-410 – Relation to the Louisiana Trust Code
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Terms Used In Louisiana Revised Statutes 10:9-410
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
Nothing under this Chapter shall supersede the provisions of the Louisiana Trust Code that prohibit a beneficiary from alienating or encumbering a beneficial interest in the trust if the trust instrument so provides.
Acts 2001, No. 128, §1, eff. July 1, 2001.