Louisiana Statutes
§ 9:2163 — Remedies
Louisiana·Title 9 Civil Code-Ancillaries
If a court determines that a trustee has abused his discretion in making or failing to make an adjustment under R.S. 9:2158, the court shall restore the beneficiaries to the positions they would have occupied if the trustee had not abused his discretion, according to the following rules:
(1)When the abuse of discretion has resulted in no distribution to a beneficiary or a distribution that is too small, the court shall require the trustee to distribute from the trust to the beneficiary an amount that the court determines will restore the beneficiary to an appropriate economic position.
(2)When the abuse of discretion has resulted in a distribution to a beneficiary that is too large, the court shall require the trustee to withhold an amount from one or more future distributions to the ben
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Legislative History
Acts 2001, No. 520, §4.
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