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Louisiana · Through 2025 First Extraordinary Session

RS 9:2144: Income and principal distinguished

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Where this section sits in the code
  1. TITLE 9. CIVIL CODE-ANCILLARIES

Receipts paid or delivered in return for the use of property forming a part of principal are income, unless this Subpart expressly provides to the contrary.

Receipts paid or delivered in consideration for the sale or other transfer of property forming a part of principal or as the replacement of property forming a part of principal are principal unless this Subpart expressly provides to the contrary.

Collected 2026-09-14T04:49:32Z. Source file · JSON

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