Louisiana Revised Statutes 9:758 – Receipt for custodial property
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Terms Used In Louisiana Revised Statutes 9:758
- Custodial property: means any interest in property transferred to a custodian under this Subpart and the income from and proceeds of that interest in property. See Louisiana Revised Statutes 9:751
- Custodian: means a person so designated under Louisiana Revised Statutes 9:751
A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this Subpart.
Acts 1987, No. 469, §1, eff. Jan. 1, 1988.