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La. Code Civ. Proc. art. 3285

Bonds and stocks

activein force · 2026-09-15 – presentact-effective-date

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.

Provenance

Source
legis.la.gov
Retrieved
2026-09-15
Edition
2026-09-15
Content hash
0603ccad0c55f18cf6faf072f8fe09dd2e98602ca09f42fe1f3981a46b50e09c
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La. Code Civ. Proc. art. 3285 — Bonds and stocks · binding.law