LAC 37:XIII.7549

LAC 37:XIII.7549. Exemption of Certain Securities from Section 1527 of the Act

Last amended: 1967Year: 2026Length: 45 wordsOfficial source

Cite as La. Admin. Code tit. 37, pt. XIII, § 7549

A. Any security shall be exempt from the operation of Section 1527 of the Act to the extent necessary to render lawful under such Section the execution by a broker of an order for an account in which he has no direct or indirect interest.
LAC 37:XIII.7549: LAC 37:XIII.7549. Exemption of Certain Securities from Section 1527 of the Act | Justis AI