Louisiana Statutes
§ 9:2193 — Liability of beneficiary
Louisiana·Title 9 Civil Code-Ancillaries
If the trust estate is not sufficient to indemnify a trustee for expenses properly incurred by him in the administration of a trust, a beneficiary shall be personally liable only if the trustee can show an express or implied contract between that beneficiary and himself that would entitle the trustee to indemnity.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 9:2193 (Liability of beneficiary) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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