There is a newer version of the Louisiana Laws
2006 Louisiana Laws - RS 9:2293 — Forfeiture to state when no person or institution competent to execute
§2293. Forfeiture to state when no person or institution competent to execute
Where there is no person or institution capable and competent to execute and administer the trust, it shall be forfeited to the state, with all funds and property, for the benefit of the public schools, except where an express reservation has been made by the donors in the dedication to re-claim the amounts subscribed or contributed.
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