2016 Louisiana Laws
Civil Code
CC 1424 - Administration expenses, how charged
Art. 1424. Administration expenses, how charged
Administration expenses are charged ratably to the fruits and products of property that is the object of the general or universal legacies and property that devolves by intestacy. When the fruits and products do not suffice to discharge the administration expenses, the remaining expenses are charged first to the property itself, next to the fruits and products of property that is the object of particular legacies, and then to the property itself.
Acts 1997, No. 1421, §1, eff. July 1, 1999.
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