Louisiana Revised Statutes 9:2172 – Security required by court
Current as of: 2023 | Check for updates
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Terms Used In Louisiana Revised Statutes 9:2172
- 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
- Trustee: A person or institution holding and administering property in trust.
On the application of any interested party, the proper court may compel a trustee to furnish security adequate to protect the interests of a beneficiary even if the trustee is not otherwise required to furnish security.