Louisiana Revised Statutes 22:415 – Cause of action restricted
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Terms Used In Louisiana Revised Statutes 22:415
- 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
No beneficiary shall have any cause of action against any other beneficiary arising solely out of the insolvency or inability of the trust fund to meet its obligations.
Acts 1986, No. 574, §2; Redesignated from La. Rev. Stat. 22:2055 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.