Louisiana Statutes
§ 9:2069 — Winding-up duty and powers of trustee
Louisiana·Title 9 Civil Code-Ancillaries
If the trust terminates or is revoked, or if the trustee resigns or is removed, he shall preserve the trust property and deliver it without delay to those persons who are entitled to it. Until he delivers the property, the trustee shall retain the powers that are necessary to preserve and deliver it to those persons who are entitled to it.
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Related
Maloney v. Starr Surplus Lines Insurance Company
(E.D. Louisiana, 2022)
Legislative History
Acts 1995, No. 358, §2.
Nearby Sections
15
§ 9:2001
§ 9:2001§ 9:2002
Restraint upon alienation§ 9:2003
Form§ 9:2006
Exemption from seizure§ 9:2007
Use of words "spendthrift trust"§ 9:201
§ 9:201§ 9:2011
§ 9:2011§ 9:2014
Number of settlors allowed§ 9:2021
§ 9:2021