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La. Code Civ. Proc. art. 3223

Investment of succession funds

activein force · 2026-09-15 – presentact-effective-date

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.

Provenance

Source
legis.la.gov
Retrieved
2026-09-15
Edition
2026-09-15
Content hash
5691d93cedef9f13096f45c0f30f92727d05932535906cb8fb4a6a21257a973b
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La. Code Civ. Proc. art. 3223 — Investment of success… · binding.law