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Current as of January 01, 2023 | Updated by FindLaw Staff
The possession of a stock certificate, duly endorsed by or standing in the name of, a person, firm or corporation, shall be full and sufficient authority to any person, firm, or corporation, or to any transfer agent, to transfer the shares when instructed so to do. Such possession and endorsement shall be full protection to any person, firm, or corporation purchasing or lending money in good faith on the stock.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 12, § 602. Authority to transfer stock - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-12-sect-602/
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