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Annuity charge

La. Civ. Code art. 2787
in effect
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2787. Annuity charge An annuity contract transferring an immovable may provide for the establishment of a charge on the immovable for the periodic payments due under the contract. In such a case, the recipient in whose favor the annuity was established acquires a real right for periodic payments. The establishment of the annuity charge must be express and in writing. 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=109853Fetched: 10/20/2026

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