RS 12:58 — Transfer of shares
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§58. Transfer of shares
A. The transfer of certificates of stock and the shares represented thereby, may be regulated by by-laws not inconsistent with the provisions of the articles or Part II of Chapter 6 of this Title.
B. A corporation may open a share register in any state of the United States. It may employ a transfer agent to keep this register and to record transfers of shares therein, and acts of the agent shall be binding on the corporation. The duties and liabilities of the agent shall be such as may be agreed to by the corporation.
Acts 1968, No. 105, §1.