Louisiana Statutes
§ 51:722 — Savings provisions as to prior law
Louisiana·Title 51 Trade and Commerce
A.Prior law exclusively governs all suits, actions, prosecutions, or proceedings which are pending or may be initiated on the basis of facts or circumstances occurring under prior law except that no civil suit or action may be maintained to enforce any liability under prior law unless brought within any period of limitation which applied when the cause of action accrued.
B.All effective registrations under prior law, all administrative orders relating to such registrations, and all conditions imposed upon such registrations remain in effect so long as they would have remained in effect if this Part had not become effective. They are considered to have been filed, entered, or imposed under this Part but are governed by prior law.
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Legislative History
Acts 1985, No. 722, §1.
Nearby Sections
15
§ 51:701
§ 51:701§ 51:708
Exempt securities§ 51:709
Exempt transactions§ 51:710.2
Public records; confidentiality§ 51:712
Unlawful practices