§ Art. 3222 Deposit of succession funds; unauthorized withdrawals prohibited; penalty

Codes > Louisiana Code of Civil Procedure > Book I > Title III : Chapter 4 > Section 3 : Art. 3222

Art. 3222. Deposit of succession funds; unauthorized withdrawals prohibited; penalty

    A succession representative shall deposit all moneys collected by him as soon as received, in a bank account in his official capacity, in a state or national bank in this state, and shall not withdraw the deposits or any part thereof, except in accordance with law.

    On failure to comply with the provisions of this article, the court may render a judgment against the succession representative and his surety in solido to the extent of twenty percent interest per annum on the amount not deposited or withdrawn without authority, such sum to be paid to the succession. He may also be adjudged liable for all special damage suffered, and may be dismissed from office.