La. Rev. Stat. § 9:2350.2
Application of other Louisiana Trust Code provisions
Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 9:2350.2, Application of other Louisiana Trust Code provisions, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2646673
- Permanent ID
ys:prov:2646673@1- SHA-256
19c8ed0bddd5176306b3c67e34b7dfeae2be5b4439d372628635fb95dfd3ab10
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
A. Whenever the provisions of this Chapter are silent and except as otherwise provided in this Chapter, the provisions of Chapter 2 of this Code Title shall apply, and whenever the provisions of Chapter 2 are silent, then the provisions of the Louisiana Trust Code shall apply. The Louisiana Trust Code shall not be applied in a contradictory manner to Chapter 2 of this Code Title. The provisions of neither the Louisiana Trust Code nor Chapter 2 shall be applied in a contradictory manner to the provisions of this Chapter to invalidate a trust authorized pursuant to this Chapter, to adversely affect the tax-exempt status of a special charitable trust, nor to prevent any tax deduction for contributions to the trust.
B. Notwithstanding any provision to the contrary, a special charitable trust shall be subject to the provisions of the Louisiana Uniform Prudent Management of Institutional Funds Act. A special charitable trust shall be considered an "institution" for purposes of R.S. 9:2337.2(4), and the trust assets shall not be considered funds "held for an institution by a trustee that is not an institution" pursuant to R.S. 9:2337.2(5)(b) although the special charitable trust has "individuals" as trustees.
C. The trust may be amended only with court approval. The trust shall not be amended to relieve a trustee of his fiduciary obligations or to waive a conflict of interest or ethical rules.