Louisiana Statutes
§ 9:1896 — Closing of the class
Louisiana·Title 9 Civil Code-Ancillaries
The trust instrument may state a date or a method for defining a date on which the class shall close. Unless the trust instrument provides otherwise, the class shall close when, because of the definition of the class, members may no longer be added to it.
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Legislative History
Amended by Acts 1978, No. 706, §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 created