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2019 Louisiana Laws
Code of Civil Procedure
Art. 3223. Investment of succession funds
Universal Citation: LA Code Civ Pro art. 3223 (2019)
When it appears to the best interest of the succession, and subject to the representative's primary duty to preserve the estate for prompt distribution and to the terms of the testament, if any, the court may authorize a succession representative to invest the funds of the succession and make them productive.
Unless the testator has provided otherwise, such investments shall be restricted to the kinds of investments permitted to trustees by the laws of this state.
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