Louisiana Statutes

§ 6:253 — Reservation of shares

Louisiana § 6:253
JurisdictionLouisiana
Title 6Banks and Banking

This text of Louisiana § 6:253 (Reservation of shares) 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. § 6:253 (2026).

Text

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.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Louisiana § 6:253, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/6%3A253.