State Codes and Statutes

Statutes > Louisiana > Rs > Title6 > Rs6-253

§253.  Reservation of shares

A state bank shall reserve from its authorized but unissued shares sufficient shares to meet its issuance obligations under subscription rights, warrants, options, and conversion privileges.

Acts 1984, No. 719, §1, eff. Jan. 1, 1985.

State Codes and Statutes

Statutes > Louisiana > Rs > Title6 > Rs6-253

§253.  Reservation of shares

A state bank shall reserve from its authorized but unissued shares sufficient shares to meet its issuance obligations under subscription rights, warrants, options, and conversion privileges.

Acts 1984, No. 719, §1, eff. Jan. 1, 1985.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Rs > Title6 > Rs6-253

§253.  Reservation of shares

A state bank shall reserve from its authorized but unissued shares sufficient shares to meet its issuance obligations under subscription rights, warrants, options, and conversion privileges.

Acts 1984, No. 719, §1, eff. Jan. 1, 1985.