Louisiana Code of Civil Procedure Tit. III, Art. 3285. Bonds and stocks
Current as of January 01, 2019 | Updated by FindLaw Staff
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A succession representative may sell bonds and shares of stock at private sale at rates prevailing in the open market, by obtaining a court order authorizing the sale. No advertisement is necessary, and the order authorizing the sale may be rendered upon the filing of the petition.
The endorsement of the succession representative and a certified copy of the court order authorizing the sale shall be sufficient warrant for the transfer.
Cite this article: FindLaw.com - Louisiana Code of Civil Procedure Tit. III, Art. 3285. Bonds and stocks - last updated January 01, 2019 | https://codes.findlaw.com/la/code-of-civil-procedure/la-code-civ-proc-tit-iii-art-3285.html
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