CHAPTER 2. ANNUITY CHARGE
Art. 2787. Annuity charge
An annuity contract transferring an immovable may provide for the establishment of a charge on the immovable for the periodic payments due under the contract. In such a case, the recipient in whose favor the annuity was established acquires a real right for periodic payments. The establishment of the annuity charge must be express and in writing.
Acts 2012, No. 258, §1, eff. Jan. 1, 2013.
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