Louisiana Revised Statutes > Title 9 > CODE TITLE XII > Chapter 4 > Part I – In General
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§ 9:3590 | Limitations on confession of judgment |
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE XII > Chapter 4 > Part I - In General
- Intestate: Dying without leaving a will.
- Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).