CC 1520 - Prohibited substitutions, definitions - Louisiana Statutes

Art. 1520. Prohibited substitutions, definitions

A disposition that is not in trust by which a thing is donated in full ownership to a first donee, called the institute, with a charge to preserve the thing and deliver it to a second donee, called the substitute, at the death of the institute, is null with regard to both the institute and the substitute.

Amended by Acts 1962, No. 45, §1; Acts 2001, No. 825, §1.