Section 86 – Action involving voting trusts

May 13, 2021 | Civil Procedure, Louisiana

An action against a voting trust or trustee of the voting trust, or both, may be brought:

(1) In the parish or parishes where the document or documents creating the voting trust were executed.
(2) If stock transferred to the voting trust was held by an inter vivos trust, in the parish or parishes where the inter vivos trust documents were executed.
(3) If stock transferred to the voting trust was held by a mortis causa trust, in the parish having jurisdiction over the settlor’s estate.

La. C.P. § 86

Acts 1998, 1st Ex. Sess., No. 102, §2, eff. May 5, 1998.