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Unadjusted basis; gift or transfer in trust before January 1, 1934

La. R.S. 47:144
in effect
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47:144. Unadjusted basis; gift or transfer in trust before January 1, 1934 If the property was acquired by gift or transfer in trust on or before January 1, 1934, the basis shall be the fair market value of such property at the time of such acquisition.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=101199Fetched: 10/20/2026

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