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2019 Louisiana Laws
Civil Code
Art. 2786. Existence of recipient
Universal Citation: LA Civ Code art. 2786 (2019)
When an annuity is established in favor of a natural person, that person must exist or be in utero at the time of the formation of the annuity contract.
When an annuity is established in favor of a juridical person, that person must likewise exist at the time of the formation of the annuity contract.
Acts 2012, No. 258, §1, eff. Jan. 1, 2013.
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