Usufruct
R.S. 47:9018

Bond; letters of credit or other surety ACTIVE

Whenever a bond is required for the protection of the corporation, letters of credit or other surety approved by the corporation may be utilized in lieu of a bond. All bonds or letters of credit shall be reviewed at least annually as to their solvency and sufficiency.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1990, No. 1045, §1, eff. Nov. 7, 1990

Section navigation

Cite R.S. 47:9018

Bluebook
La. Rev. Stat. Ann. § 47:9018 (2026).
Permalink
https://theusufruct.com/rs/title-47/section-9018
BibTeX
@misc{larevstat-47-9018,
  title        = {La. Rev. Stat. Ann. § 47:9018},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-47/section-9018},
  note         = {Snapshot 2026-05-22}
}