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Code · Louisiana · Title 6 — Banks and Banking

RS 6:253

41 words·~1 min read·/la/title-6/6-244

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RS 6:253
§253. Reservation of shares
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.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
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