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Rs 9 1835 — Louisiana Law | CourtGPT
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Louisiana Legal Code

Rs 9 1835

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RS 9:1835 - Definitions For the purpose of this Sub-part, the term 'surviving income beneficiary' means a natural person designated in the trust instrument to enjoy a portion of trust income, whether presently or in the future, or even conditionally; a principal beneficiary who is designated also a beneficiary of income, whether presently or in the future, or even conditionally; and also includes a principal beneficiary who becomes entitled to enjoy income because of the termination of the rights of an income beneficiary. It does not include a beneficiary whose interest in income has terminated.