La. Civ. Code art. 2787

Current with operative changes from the 2024 Third Special Legislative Session
Section 2787 - Annuity charge

An annuity contract transferring an immovable may provide for the establishment of a charge on the immovable for the periodic payments due under the contract. In such a case, the recipient in whose favor the annuity was established acquires a real right for periodic payments. The establishment of the annuity charge must be express and in writing.

La. C.C. § 2787

Acts 2012, No. 258, §1, eff. Jan. 1, 2013.
Acts 2012, No. 258, §1, eff. 1/1/2013.