Major Codes1 min read
Article 2025Life Annuity
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
The income corresponding to the year in
which the person enjoying it dies shall be paid in
proportion to the days during which he lived; if the
income should be paid by installments in advance, the
whole amount of the installment which began to run
during his life shall be paid. (1806)
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.
Plain Language