2009 Louisiana Civil Code :: CC 573 - Dispensation of security

Art. 573. Dispensation of security by operation of law

A. Security may be dispensed with by operation of law when a person has a legal usufruct under Civil Code Article 223 or 3252.

B. Security is dispensed with by operation of law when a surviving spouse has a legal usufruct under Civil Code Article 890 unless the naked owner is not a child of the usufructuary or unless the naked owner, although a child of the usufructuary, is a forced heir of the decedent. In the latter case, the naked owner may obtain security only to the extent of his legitime.

C. Security is dispensed with by operation of law when a parent has a legal usufruct under Civil Code Article 891 unless the naked owner is not a child of the usufructuary.

D. Security is dispensed with by operation of law when a surviving spouse has a legal usufruct under Civil Code Article 2434 unless the naked owner is a child of the decedent but not a child of the usufructuary. Sellers or donors of property under reservation of usufruct are not required to give security.

Acts 1976, No. 103, §1; Acts 2004, No. 158, §1.

Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.