Louisiana Civil Code 2349 – Donation of community property; concurrence of other spouse.
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Terms Used In Louisiana Civil Code 2349
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
The donation of community property to a third person requires the concurrence of the spouses, but a spouse acting alone may make a usual or customary gift of a value commensurate with the economic position of the spouses at the time of the donation.
Acts 1979, No. 709, §1.