Louisiana Revised Statutes 10:8-209 – Issuer’s lien
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Terms Used In Louisiana Revised Statutes 10:8-209
- Lien: A claim against real or personal property in satisfaction of a debt.
A lien in favor of an issuer upon a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.
Acts 1995, No. 884, §1, eff. Jan. 1, 1996.