2006 Louisiana Laws - RS 12:504 — Continuation of purpose

§504.  Continuation of purpose

When any money or other property has been donated or contributed for certain purposes according to the uses, customs, tenets, or principles of any noncommercial, unincorporated association, whether fraternal, patriotic, charitable, benevolent, literary, scientific, athletic, military, educational, philanthropic, social, or formed for some other noncommercial purpose, those contributions shall not fail or their purposes be defeated as long as there is in this state a lodge, branch, society, association, or nonprofit corporation capable of administering the funds or property for purposes germane to the purposes for which they were given.  The dissolution of the association originally administering the contributions or donations shall not defeat those purposes.  

Renumbered from R.S.1950, §12:404 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969; Acts 1985, No. 907, §1.  

{{NOTE:  REPEALED BY ACTS 1985, NO. 270, §1; HOWEVER, SUPERCEDED AND REENACTED BY ACTS 1985, NO. 907, §2.}}

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