Louisiana 2017 2017 Regular Session

Louisiana House Bill HB129 Chaptered / Bill

                    ENROLLED
ACT No. 96
2017 Regular Session
HOUSE BILL NO. 129
BY REPRESENTATIVE DAVIS
1	AN ACT
2 To amend and reenact Code of Civil Procedure Articles 3421and 3422, relative to
3 successions; to provide for the definition of a small succession; to provide relative
4 to court costs; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1.  Code of Civil Procedure Articles 3421 and 3422 are hereby amended and
7 reenacted to read as follows: 
8 Art. 3421.  Small successions defined
9	A small succession, within the meaning of this Title, is the succession or the
10 ancillary succession of a person who at any time has died leaving and the decedent's
11 property in Louisiana having has a gross value of seventy-five one hundred twenty-
12 five thousand dollars or less valued as of the date of death or, if the date of death
13 occurred at least twenty-five twenty years prior to the date of filing of a small
14 succession affidavit as authorized in this Title, leaving property in Louisiana of any
15 value.
16 Art. 3422.  Court costs; compensation
17	In judicial proceedings under this Title, the following schedule of costs,
18 commissions compensation, and fees shall prevail: 
19	(1)  Court costs for successions valued less than seventy-five thousand dollars
20 shall be one-half the court costs in similar proceedings in larger successions, but the
21 minimum costs in any case shall be five dollars; and 
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 129	ENROLLED
1	(2) The commission compensation of the succession representative shall be
2 not more than five percent of the gross assets of the succession.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.