2015 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:912 - Registration by owners of bonds; form

LA Rev Stat § 39:912 (2015) What's This?

§912. Registration by owners of bonds; form

           Whenever the owner of any bonds issued by this state, or any parish, ward, city, town, village, school district, road district, or subroad district, drainage district, or sub-drainage district, desires to have them registered, he shall present to the Secretary of State a written request to that effect, which request shall be in form substantially as follows:

"To the Secretary of State:

           The undersigned, being the owner of _____ bonds, numbered ______, dated the ____ day of ____________, 20___, due the _____ day of _____________, 20___, and bearing interest at the rate of ____ per centum per annum, and payable at ________________ in the city of ___________________, State of _________________, hereby present said bonds and requests the ownership of same to be registered in the books of your office in the name of ___________________, of __________________, in the parish of __________________, and State of _________________.

___________________________

Applicant."

           Upon the receipt of the request, the Secretary of State shall register the ownership of the bonds in the books of his office, and thereafter the principal of the bonds shall be payable to the order of the recorded owner. The coupons evidencing the interest to be paid upon the bonds shall continue payable to bearer. The Secretary of State shall be permitted to charge a fee of ten cents for each bond thus recorded.

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