Louisiana Statutes
§ 9:2203 — Balancing losses against gains
Louisiana § 9:2203
JurisdictionLouisiana
Title 9Civil Code-Ancillaries
This text of Louisiana § 9:2203 (Balancing losses against gains) 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. § 9:2203 (2026).
Text
A trustee who is liable for a loss occasioned by one breach of trust cannot reduce the amount of his liability by deducting the amount of a gain that has accrued through another distinct breach of trust; but if the two breaches of trust are not distinct, a trustee is accountable only for the net gain or chargeable only for the net loss resulting therefrom.
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Nearby Sections
15
§ 9:2201
§ 9:2201§ 9:2203
Balancing losses against gains§ 9:2204
Liability of successor trustee§ 9:2205
Liability of co-trustee§ 9:222
Place of issuance§ 9:2221
§ 9:2221§ 9:2222
Remedies against third persons§ 9:223
Form§ 9:2231
§ 9:2231§ 9:2232
Injunctive reliefCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:2203, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A2203.