{"data":{"id":"us-la/rs-9-757","jurisdiction":"us-la","citation":"RS 9:757","heading":"Transfer by obligor","body":"A. Subject to Subsections B and C of this Section, a person, not subject to the provisions of R.S. 9:755 or 756, who holds property of or owes a liquidated debt to a minor not having a tutor may make an irrevocable transfer to a custodian for the benefit of the minor pursuant to R.S. 9:759.\nB. If a person having the right to do so under R.S. 9:753 has nominated a custodian under that Section to receive the custodial property, the transfer shall be made to that person.\nC. If no custodian has been nominated under R.S. 9:753, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, a transfer under this Section may be made to an adult member of the minor's family or to a trust company unless the property exceeds ten thousand dollars in value.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=108336","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:22Z","sha256":"4bd409c437a59e60a1970e48297588165a8d761a11f827a75f204b07b0764ed8","source_id":"us-la","stale":false,"prev":"us-la/rs-9-756","next":"us-la/rs-9-758"},"notice":"GroundRules: Original legal text. Not legal advice."}