{"data":{"id":"us-la/rs-9-2350.2","jurisdiction":"us-la","citation":"RS 9:2350.2","heading":"Application of other Louisiana Trust Code provisions","body":"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.\nB. 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.\nC. 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.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=1387583","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:35Z","sha256":"4e59ebb6ec5cb98f176847eb53a57ad12faa5703a72c6aa0830a7fa1d8e945d5","source_id":"us-la","stale":false,"prev":"us-la/rs-9-2350.1","next":"us-la/rs-9-2351"},"notice":"GroundRules: Original legal text. Not legal advice."}
