Louisiana Statutes
§ 10:8-111 — Clearing corporation rules
Louisiana·Title 10 Commercial Laws
A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this Chapter or provision of Chapter 9 of this Title that affect this Chapter and affects another party who does not consent to the rule.
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Legislative History
Acts 1995, No. 884, §1, eff. Jan. 1, 1996.
Nearby Sections
15
§ 10:8-101
§ 10:8-101§ 10:8-102
Definitions and index of definitions§ 10:8-105
Notice of adverse claim§ 10:8-106
Control§ 10:8-108
Warranties in direct holding§ 10:8-109
Warranties in indirect holding§ 10:8-110
Applicability; choice of law§ 10:8-111
Clearing corporation rules§ 10:8-112
Creditor's legal process§ 10:8-113
Statute of frauds inapplicable