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2021 Louisiana Laws
Civil Code
Art. 2782. Termination of annuity; absence of a designated term
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LA Civ Code art. 2782 (2021)
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In the absence of a designated term, an annuity established in favor of a natural person terminates upon the death of that person, but one in favor of a juridical person is without effect.
Acts 2012, No. 258, §1, eff. Jan. 1, 2013.
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