RS 9:1833 Term in absence of stipulation - Louisiana Statutes

§1833.  Term in absence of stipulation

If the trust instrument stipulates no term, the trust shall terminate:

(1)  Upon the death of the last income beneficiary who is a natural person; or

(2)  At the end of the term prescribed by R.S. 9:1831(3) or 9:1831(4), if the income beneficiaries do not include a natural person.