2011 Louisiana Laws
CC 1562 — Dissolution for nonfulfillment of suspensive condition or for occurrence of resolutory condition
Art. 1562. Dissolution for nonfulfillment of suspensive condition or for occurrence of resolutory condition
If a donation is subject to a suspensive condition, the donation is dissolved of right when the condition can no longer be fulfilled.
If a donation is subject to a resolutory condition, the occurrence of the condition does not of right operate a dissolution of the donation. It may be dissolved only by consent of the parties or by judicial decree.
Acts 2008, No. 204, §1, eff. Jan. 1, 2009.
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