Louisiana Statutes

§ 12:602 — Authority to transfer stock

Louisiana § 12:602
JurisdictionLouisiana
Title 12Conservation of Cultural Resources

This text of Louisiana § 12:602 (Authority to transfer stock) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 12:602 (2026).

Text

The possession of a stock certificate, duly endorsed by or standing in the name of, a person, firm or corporation, shall be full and sufficient authority to any person, firm, or corporation, or to any transfer agent, to transfer the shares when instructed so to do. Such possession and endorsement shall be full protection to any person, firm, or corporation purchasing or lending money in good faith on the stock. Renumbered from R.S.1950, §12:502 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.

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Bluebook (online)
Louisiana § 12:602, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/12%3A602.