Louisiana Statutes
§ 9:2118 — Lease of trust property
Louisiana·Title 9 Civil Code-Ancillaries
Unless the trust instrument provides otherwise, a trustee may enter into leases of trust property, including oil, gas, and mineral leases, either as lessor or lessee, for such periods and with such provisions as are reasonable, whether or not the term of the lease exceeds the term of the trust.
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Louisiana § 9:2118 (Lease of trust property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Acts 1968, No. 134, §1.
Nearby Sections
15
§ 9:211
§ 9:211§ 9:2111
§ 9:2111§ 9:2112
Attachment of powers to office§ 9:2115
Control of discretionary powers§ 9:2117
Expenses that may be incurred§ 9:2118
Lease of trust property§ 9:2119
Sale of trust property§ 9:2120
Mortgage or pledge; borrowing