{"data":{"id":"us-la/rs-9-2449.1","jurisdiction":"us-la","citation":"RS 9:2449.1","heading":"Revocation upon divorce; deferred compensation plans","body":"A. A divorce of an individual from the individual's spouse revokes any benefit payable to the former spouse by reason of the individual's death under any pension, profit-sharing, retirement, or similar benefit plan, provided that the divorce occurs after the beneficiary is designated, the parties remained divorced from each other at the time of death, and no judgment or property-settlement agreement expressly provides otherwise. If revocation occurs, the proceeds of the plan are payable as if the former spouse had predeceased the decedent.\nB. A payor is not liable for having made payment in good faith reliance on the validity of a beneficiary designation affecting any pension, profit-sharing, retirement, or similar benefit plan before the payor has received written notice of the divorce, judgment, or property-settlement agreement at its home office or principal office with notice that the beneficiary designation has been revoked under this Section and has had a reasonable time within which to act.\nC. This Section shall not apply to any beneficiary designation made pursuant to the Louisiana Public Retirement Law.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=1387590","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:35Z","sha256":"2ec23c0388c156065f9a7ccd0b0e36bb8c175dc7dd6217fa5b1624d6fb4ac7fd","source_id":"us-la","stale":false,"prev":"us-la/rs-9-2449","next":"us-la/rs-9-2450"},"notice":"GroundRules: Original legal text. Not legal advice."}
