La. Stat. tit. 9 § 2171

Current with changes from the 2024 Legislative Session
Section 9:2171 - Individual and corporate trustees

An individual trustee shall furnish security for the faithful performance of his duties, unless the trust instrument dispenses with security. A corporate trustee need not furnish security unless security is required by the trust instrument.

The amount and type of security shall be approved by the proper court if not provided for in the trust instrument.

La. R.S. § 9:2171

Acts 2020, No. 17, §4, eff. Jan. 1, 2021.