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La. Rev. Stat. § 9:2066

Judicial permission or direction to deviate from investment provisions of trust instrument

Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective

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La. Rev. Stat. § 9:2066, Judicial permission or direction to deviate from investment provisions of trust instrument, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2646496
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The proper court, if convinced that adherence to the investments prescribed by the trust instrument would be likely to affect adversely the best interests of a beneficiary to a serious extent, having due regard for the purposes of the trust, may upon application by a trustee or a beneficiary permit or direct the trustee to invest in securities not prescribed by the trust instrument, but a trustee is under no duty to make such an application to the court.