CC 590 - Encumbered property; discharge of debt on encumbered property by naked owner - Louisiana Statutes

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Art. 590. Sale of property to pay succession debts.

When it is necessary to satisfy a creditor of the succession, the succession representative with the authorization of the proper court or the universal successor may sell so much of the property subject to a universal usufruct or usufruct under universal title, as may be required to yield a sum for the discharge of the indebtedness. The usufructuary may prevent the sale by advancing the funds needed in accordance with the following provisions.

Acts 1976, No. 103, §1.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc590

Art. 590. Sale of property to pay succession debts.

When it is necessary to satisfy a creditor of the succession, the succession representative with the authorization of the proper court or the universal successor may sell so much of the property subject to a universal usufruct or usufruct under universal title, as may be required to yield a sum for the discharge of the indebtedness. The usufructuary may prevent the sale by advancing the funds needed in accordance with the following provisions.

Acts 1976, No. 103, §1.

State Codes and Statutes

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State Codes and Statutes

Statutes > Louisiana > Cc > Cc590

Art. 590. Sale of property to pay succession debts.

When it is necessary to satisfy a creditor of the succession, the succession representative with the authorization of the proper court or the universal successor may sell so much of the property subject to a universal usufruct or usufruct under universal title, as may be required to yield a sum for the discharge of the indebtedness. The usufructuary may prevent the sale by advancing the funds needed in accordance with the following provisions.

Acts 1976, No. 103, §1.