Louisiana Revised Statutes 9:2131 – Distributions
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Terms Used In Louisiana Revised Statutes 9:2131
- Trustee: A person or institution holding and administering property in trust.
A trustee may make a distribution of trust property in full ownership or undivided interests, prorata or non-prorata, after taking into account the values and tax attributes of the trust property.
Acts 2003, No. 480, §1.