R.S. 6:253

Reservation of shares ACTIVE

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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References

None.

Cited by

None.

History

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

Section navigation

Cite R.S. 6:253

Bluebook
La. Rev. Stat. Ann. § 6:253 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-253
BibTeX
@misc{larevstat-6-253,
  title        = {La. Rev. Stat. Ann. § 6:253},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-253},
  note         = {Snapshot 2026-05-22}
}