{"data":{"id":"us-la/rs-9-1801","jurisdiction":"us-la","citation":"RS 9:1801","heading":"Beneficiary defined","body":"A beneficiary is a person for whose benefit the trust is created and may be a natural person, corporation, partnership, or other legal entity having the capacity to receive property. A trustee of a trust, in his capacity of trustee, can be the beneficiary of another trust. Neither the heir, legatee, or assignee of a designated beneficiary, nor a beneficiary by reason of a substitution under Subpart B of Part III of this Chapter, is considered a beneficiary for the purpose of fixing the maximum allowable term of the trust.","path":["TITLE 9. CIVIL CODE-ANCILLARIES","SUBPART F. THE BENEFICIARY"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=106780","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:29Z","sha256":"fae27866381a4bab34afa5262e811b43bccdcf82164fcc4bb412ca259485ec13","source_id":"us-la","stale":false,"prev":"us-la/rs-9-1791","next":"us-la/rs-9-1802"},"notice":"GroundRules: Original legal text. Not legal advice."}