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2018 Louisiana Laws
Revised Statutes
TITLE 6 - Banks and Banking
RS 6:253 - Reservation of shares
Universal Citation: LA Rev Stat § 6:253 (2018)
§253. Reservation of shares
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.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
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