There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 17 - Education
RS 17:384 - Restrictions on alienability of property donated
LA Rev Stat § 17:384 What's This?
§384. Restrictions on alienability of property donated
The donor cannot make the property inalienable, but he may prescribe the manner and the circumstances under which the donees may sell, mortgage, or otherwise encumber the whole or any portion of the property donated, or the manner in which investments once made, may be changed.
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