RS 9:2144: Income and principal distinguished
Where this section sits in the code
- 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