{
  "urn": "urn:us-la:rs:6:253",
  "title_number": "6",
  "section_number": "253",
  "citation": "R.S. 6:253",
  "heading": "Reservation of shares",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "6",
      "name": "BANKS AND BANKING"
    },
    {
      "level": "chapter",
      "number": "3",
      "name": "STATE BANKS SUBCHAPTER A. ORGANIZATION AND OPERATION OF STATE BANKS"
    },
    {
      "level": "part",
      "number": "V",
      "name": "SHARES"
    }
  ],
  "breadcrumb": "Title 6 › Chapter 3 › Part V",
  "acts_citations": [
    {
      "act_year": 1984,
      "act_number": 719,
      "section": 1,
      "effective_date": "1985-01-01",
      "effective_date_raw": "Jan. 1, 1985",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1984, No. 719, §1, eff. Jan. 1, 1985.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=105881",
  "website_law_id": 105881,
  "scrape_timestamp": "2026-05-22T23:51:04Z",
  "source_html_hash": "sha256:7dd96dd57aeee8c3ad63f8962cbf630e1d0e53d196f4ee5a0455131c852914fb",
  "schema_version": "1.0.0"
}