Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“A clearing corporation’s rule about rights and obligations with its participants is effective even if it conflicts with certain chapter provisions and even if another party does not consent.”
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02
How the instrument operates
- 01
Start with the recorded version
Undated source snapshot. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
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- 04
Verify currency and official wording
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03
Research entry points
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A clearing corporation’s rule about rights and obligations with its participants is effective even if it conflicts with certain chapter provisions and even if another party does not consent.
Section 10:8-111
04
Source and current-law status
Source record view
Source record from legis.la.gov · Undated source snapshot
The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.