---
urn: urn:us-la:rs:39:1427
citation: "R.S. 39:1427"
status: active
breadcrumb: "Title 39 › Subtitle III › Chapter 13"
acts_citations:
  - { year: 1977, number: 390, section: 1, effective_date: 1977-07-10, role: enactment }
---

# Form in which securities may be issued

Notwithstanding any other law to the contrary, securities may be issued in any one or more of the following forms: (a) payable to bearer with coupons attached for the payment of interest, subject to registration as to principal only or as to both principal and interest; and (b) fully registered without coupons which may be subject to conversion into coupon securities.