Louisiana Statutes
§ 9:2124 — Holding stock in name of nominee
Louisiana § 9:2124
JurisdictionLouisiana
Title 9Civil Code-Ancillaries
This text of Louisiana § 9:2124 (Holding stock in name of nominee) 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. § 9:2124 (2026).
Text
A trustee owning stock may hold it in the name of a nominee, without mention of the trust in the stock certificate or stock registration book, provided that the trust records and all reports or accounts rendered by a trustee clearly show the ownership of the stock and the facts regarding its holding. A trustee shall be personally liable for any loss to the trust resulting from any act of the nominee in connection with stock so held.
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Nearby Sections
15
§ 9:211
§ 9:211§ 9:2111
§ 9:2111§ 9:2112
Attachment of powers to office§ 9:2115
Control of discretionary powers§ 9:2117
Expenses that may be incurred§ 9:2118
Lease of trust property§ 9:2119
Sale of trust property§ 9:2120
Mortgage or pledge; borrowingCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:2124, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A2124.