United States — Louisiana statutes and laws — page 15 | Esheria

United States — Louisiana Statutes

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46,252 statutes · page 15 of 2,313

  • United States — Louisiana

    RS 10:8-402

    1 provisions

    An issuer may require assurance that an indorsement or instruction is genuine and authorized, and may require extra assurance beyond what this section lists.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-403

    1 provisions

    A qualifying person may ask the issuer not to register a security transfer, and the issuer must promptly notify the relevant parties and temporarily withhold registration for a limited period.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-404

    1 provisions

    An issuer may be liable for wrongful registration of a securities transfer and, if liable, must provide the person entitled to the security with a replacement security and any missed payments or distributions.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-405

    1 provisions

    If a security certificate is lost, destroyed, or wrongfully taken, the issuer must issue a replacement if the owner requests it in time, posts an indemnity bond, and meets reasonable requirements.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-406

    1 provisions

    If a security certificate is lost, apparently destroyed, or wrongfully taken, the owner must notify the issuer within a reasonable time after learning of it.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-407

    1 provisions

    An issuer’s agent performing certain securities-transfer functions must owe the holder or owner the same obligation the issuer owes for those functions.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-501

    1 provisions

    This section defines a securities account and explains when a person acquires a security entitlement from a securities intermediary.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-502

    1 provisions

    An adverse-claim action generally may not be asserted against a person who acquires a security entitlement under R.S. 10:8-501 for value and without notice of the claim.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-503

    1 provisions

    This section says an entitlement holder has a pro rata property interest in securities intermediary-held financial assets, and that interest is generally enforceable only through specified rights and is limited against protected purchasers.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-504

    1 provisions

    A securities intermediary must promptly obtain and maintain enough financial assets to match the security entitlements it has created, and it generally may not grant security interests in those assets unless the entitlement holder agrees.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-505

    1 provisions

    A securities intermediary must try to obtain payments or distributions made by the issuer of a financial asset.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-506

    1 provisions

    A securities intermediary must exercise rights in a financial asset when directed by an entitlement holder.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-507

    1 provisions

    A securities intermediary must comply with a properly originated entitlement order if it has a reasonable chance to verify it and carry it out.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-508

    1 provisions

    A securities intermediary must follow an entitlement holder’s direction to change a security entitlement into another eligible holding form or transfer the asset to another securities account.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-509

    1 provisions

    This section says a securities intermediary and an entitlement holder must act in a commercially reasonable manner when no other standard is provided, and the intermediary is not required to do anything another law forbids.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-510

    1 provisions

    This section limits adverse-claim actions against certain purchasers of security entitlements and sets priority rules when control is obtained.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:8-511

    1 provisions

    This section sets priority rules when a securities intermediary or clearing corporation does not have enough assets to satisfy both entitlement holders and a creditor.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:9-101

    1 provisions

    This Chapter may be cited as Uniform Commercial Code -- Secured Transactions.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:9-102

    1 provisions

    This section defines many terms used in Chapter 9, including account, secured party, and security agreement.

    Act or statute Open & Chat
  • United States — Louisiana

    RS 10:9-103

    1 provisions

    This section defines purchase-money collateral and purchase-money obligations, explains when a security interest in goods or software counts as purchase-money, sets rules for applying payments, says purchase-money status is not lost in certain later changes, and places the burden of proof on the secured party claiming

    Act or statute Open & Chat