CC 1526 - Onerous donation - Louisiana Statutes

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Statutes > Louisiana > Cc > Cc1526

CHAPTER 5. DONATIONS INTER VIVOS

SECTION 1. GENERAL DISPOSITIONS

Art. 1526. Onerous donation

The rules peculiar to donations inter vivos do not apply to a donation that is burdened with an obligation imposed on the donee that results in a material advantage to the donor, unless at the time of the donation the cost of performing the obligation is less than two-thirds of the value of the thing donated.

Acts 2008, No. 204, §1, eff. Jan. 1, 2009.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc1526

CHAPTER 5. DONATIONS INTER VIVOS

SECTION 1. GENERAL DISPOSITIONS

Art. 1526. Onerous donation

The rules peculiar to donations inter vivos do not apply to a donation that is burdened with an obligation imposed on the donee that results in a material advantage to the donor, unless at the time of the donation the cost of performing the obligation is less than two-thirds of the value of the thing donated.

Acts 2008, No. 204, §1, eff. Jan. 1, 2009.

State Codes and Statutes

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State Codes and Statutes

Statutes > Louisiana > Cc > Cc1526

CHAPTER 5. DONATIONS INTER VIVOS

SECTION 1. GENERAL DISPOSITIONS

Art. 1526. Onerous donation

The rules peculiar to donations inter vivos do not apply to a donation that is burdened with an obligation imposed on the donee that results in a material advantage to the donor, unless at the time of the donation the cost of performing the obligation is less than two-thirds of the value of the thing donated.

Acts 2008, No. 204, §1, eff. Jan. 1, 2009.