2016 Louisiana Laws
Civil Code
CC 1273 - Collation by taking less; coheirs' election of collation by sale or in kind.
Art. 1273. Collation by taking less; coheirs' election of collation by sale or in kind.
When the collation is made by taking less, the coheirs to whom the collation is due have a right to require a sale of the property remaining to the succession, in order to be paid from the proceeds of this sale, not only the collation which is due to them, but the part which comes to them from the surplus of these proceeds, unless they prefer to pay themselves the amount of the collation due to them by taking such * movables and immovables of the succession as they may choose, according to the appraisement in the inventory, or the appraisement which serves as a basis to the partition.
* English translation of French text incomplete; should include "a proportionate value of."
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