Termination of annuity; absence of a designated term
La. Civ. Code art. 2782
in effect2782. Termination of annuity; absence of a designated term
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.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=109848Fetched: 10/20/2026