TITLE VII. ADMINISTRATION OF MINOR'S PROPERTY
DURING MARRIAGE OF PARENTS
Art. 4501. Rights of parents during marriage over minor's property
A. Except as otherwise provided by law, during marriage, the parents shall seek court
approval to alienate, encumber, or lease the property of the minor, incur an obligation of the
minor, or compromise a claim of the minor, in the same manner and using the same
procedure as a tutor. The parents shall petition jointly, unless one parent is mentally
incompetent, interdicted, or imprisoned, or is an absent person, in which case the other parent
shall petition alone. One parent may also petition alone, with permission of the court, if the
other parent fails or refuses to do so.
B. An ascendant having parental authority shall be considered a parent for the
purposes of this Article.
Acts 2003, No. 467, §1; Acts 2015, No. 260, §2, eff. Jan. 1, 2016.