Louisiana Statutes

§ 9:2144 — Income and principal distinguished

Louisiana § 9:2144
JurisdictionLouisiana
Title 9Civil Code-Ancillaries

This text of Louisiana § 9:2144 (Income and principal distinguished) 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. § 9:2144 (2026).

Text

§2144. Income and principal distinguished Receipts paid or delivered in return for the use of property forming a part of principal are income, unless this Subpart expressly provides to the contrary. Receipts paid or delivered in consideration for the sale or other transfer of property forming a part of principal or as the replacement of property forming a part of principal are principal unless this Subpart expressly provides to the contrary.

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Legislative History

Acts 2020, No. 17, §1, eff. Jan. 1, 2021.

Nearby Sections

15
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Bluebook (online)
Louisiana § 9:2144, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A2144.