Louisiana Code of Civil Procedure 3396.14 – Security of independent administrator
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Terms Used In Louisiana Code of Civil Procedure 3396.14
- Legatee: A beneficiary of a decedent
Except where the testament provides otherwise, an independent administrator shall not be required to provide security for the administration of the estate. If an interested person, such as an heir, legatee, or creditor of the estate requests security, then upon application by such party, and after a contradictory hearing, the court may order the independent administrator to furnish security as the court determines to be adequate.
Acts 2001, No. 974, §1.