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Terms Used In Louisiana Revised Statutes 9:1781

  • Fiduciary: A trustee, executor, or administrator.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
  • Trustee: A person or institution holding and administering property in trust.

A trustee is a person to whom title to the trust property is transferred to be administered by him as a fiduciary.