La. Rev. Stat. § 6:923
This is the official text of La. Rev. Stat. § 6:923, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Exemption from security laws
Official statutory text
Associations, their officers, employees or agents, savings or demand accounts, shares and stock, and the sale, issuance, or offering of savings or demand accounts, stock or shares of any association are hereby exempted from all provisions of law of this state, other than this Chapter, which provide for supervision, reporting, registration, or regulation in connection with the sale, issuance, or offering of securities, and the sale, issuance, or offering of any shares, stock or savings or demand accounts shall be legal without any action or approval whatsoever on the part of any official, other than the commissioner, authorized to license, regulate, or supervise the sale, issuance, or offering of securities.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Status: in_force · Read it on the official government site
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