Louisiana Revised Statutes & Codes

La. Rev. Stat. § 9:2029 (2026)

Effect of termination

✓ current as of May 2026
Find cases: SyfertCases citing this section LA-LEGlegis.la.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

§2029.  Effect of termination

A termination of a trust causes the dispositive provisions of the trust to achieve their ultimate effect.  A partial termination of a trust causes some of the dispositive provisions to achieve their ultimate effect.  A beneficiary receiving trust property as a result of the whole or partial termination of a trust shall be personally liable for the obligations and liabilities of the trust existing on the date of termination to the extent of the value of the trust property received by such beneficiary unless, in the case of a partial termination, existing trust property is sufficient to satisfy the obligations and liabilities of the trust.

Acts 1995, No. 344, §3.

Notes of Decisions
Cited in 2 cases, 1989–2016 · leading case: Feingerts v. D'Anna (In re D'Anna), 548 B.R. 155 (Bankr. E.D. La. 2016).
Feingerts v. D'Anna (In re D'Anna), 548 B.R. 155 (Bankr. E.D. La. 2016). · cites it 2× “R.S. 9:2029,1 is not substantive, but is an interpretative statute that clarifies or explains prior law.”
McAllister v. Fed. Sav. & Loan Ins., 709 F. Supp. 697 (M.D. La. 1989). “R.S. 9:2029 (1965). . 12 C.F.R. § 564.2 (b)(2) provides that "[i]f the account records of an insured institution disclose the existence of a relationship which may provide a basis for additional insurance, the details of the relationship and the interests of other parties in the…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.