2006 Louisiana Laws - RS 9:1981 — General rule

SUBPART C.  REFUSAL

§1981.  General Rule

A beneficiary, whether of principal or income, may refuse an interest at any time after creation of the trust, provided he does so before accepting any benefit under the trust.  A person incapable of contracting cannot refuse an interest in trust, but his representative may refuse for him.  The refusal is irrevocable.  

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