Equal-Management Rule [Family Law] Law and Legal Definition
Equal management rule is a principle that each spouse alone may manage community property unless the law provides otherwise. Community property system is followed by some U.S states whereby everything a husband and wife acquire once they are married is owned equally (fifty-fifty) by both of them, regardless of who provided the money to purchase the asset or whose name the asset is held in, with the exception of inheritances, specific gifts to one of the spouses, and property and profits clearly traceable to property owned before marriage, all of which is separate property.
In Louisiana, the rule is codified at La. C.C. Art. 2346 which says “each spouse acting alone may manage, control, or dispose of community property unless otherwise provided by law.”
