SECTION 4. AUTHORITY OVER THE PROPERTY OF THE CHILD Art. 229. Administration of the property of the child Each parent has the right and the obligation to administer the property of the child. The parent must do so as a prudent administrator and is answerable for any damage caused by his fraud, fault, default, or […]
Art. 230. Alienation, encumbrance, or lease of the property of the child; expenditure of fruits Either parent may alienate, encumber, or lease the property of the child, compromise a claim of the child, or incur an obligation of the child for his education, support, and maintenance only with prior court approval, except as otherwise provided […]
Art. 231. Parents’ obligation to deliver and account Parents are bound to deliver to the child his property at termination of parental authority. Parents shall also give an account of their administration when ordered by the court. The action to compel an accounting is subject to a liberative prescription of five years that commences to […]
