Louisiana Codes > Civil Code > BOOK III > Title IV > Chapter 7 – Third Party Beneficiary
Current as of: 2024 | Check for updates
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Other versions
| § 1978 | Stipulation for a third party |
| § 1979 | Revocation |
| § 1980 | Revocation or refusal |
| § 1981 | Rights of beneficiary and stipulator |
| § 1982 | Defenses of the promisor |
Terms Used In Louisiana Codes > Civil Code > BOOK III > Title IV > Chapter 7 - Third Party Beneficiary
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Caretaker: means any person providing a residence for the child or any person legally obligated to provide or secure adequate care for the child, including a parent, tutor, guardian, or legal custodian. See Louisiana Children's Code 728
- Child: means a person under eighteen years of age who, prior to proceedings under this Title, has not been judicially emancipated or emancipated by marriage. See Louisiana Children's Code 728
- Decedent: A deceased person.
- Fraud: Intentional deception resulting in injury to another.
- Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.