CHAPTER 2-B. SPECIAL CHARITABLE TRUSTS

§2348. Special charitable trust; purpose

            A special charitable trust may be created when a person makes a donation inter vivos to the trust in an amount not less than fifty million dollars for purposes of improving the health and lives of the people of Louisiana and forms the trust pursuant to the provisions of this Chapter. The special charitable trust may provide for any type of beneficiary, including an institutional beneficiary as defined in R.S. 9:2271.

            Acts 2024, No. 274, §1, eff. May 23, 2024.