Louisiana Statutes
§ 9:1893 — Income and principal designations
Louisiana § 9:1893
JurisdictionLouisiana
Title 9Civil Code-Ancillaries
This text of Louisiana § 9:1893 (Income and principal designations) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 9:1893 (2026).
Text
A class trust may be created with respect to all of or a portion of income or principal, or both, but the members of the class must always be the sole beneficiaries of the portion of the trust of which they are beneficiaries. Subject to R.S. 9:2068, the trustee may invade principal for the benefit of one or more individual income beneficiaries or one or more members of any class of income beneficiaries, even though such income beneficiary may not be a member of the class of principal beneficiaries.
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Legislative History
Amended by Acts 1968, No. 133, §1; Acts 1974, No. 127, §1; Acts 2003, No. 480, §1; Acts 2010, No. 390, §1.
Nearby Sections
15
§ 9:180
Rules§ 9:1801
§ 9:1801§ 9:1802
Sufficiency of designation§ 9:1804
Settlor as beneficiary§ 9:1806
Concurrent beneficiaries§ 9:1807
Successive income beneficiaries§ 9:1808
Acceptance by beneficiary§ 9:181
Severability§ 9:1821
When testamentary trust created§ 9:1822
When inter vivos trust createdCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:1893, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A1893.