Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2014 ENROLLED
SENATE BILL NO. 265
BY SENATOR MARTINY
AN ACT1
To amend and reenact R.S. 51:705(G), relative to securities; to provide for notice2
requirement for the issuance of a security; to make technical changes; to provide for3
terms and conditions; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 51:705(G) is hereby amended and reenacted to read as follows: 6
ยง705. Registration of securities; when and how required; delivery of prospectus7
* * *8
G. Notice filing for federal covered securities. (1) Prior to the initial offer of9
a federal covered security under Section 18(b)(2) of the federal Securities Act of10
1933, as amended, and for purposes of renewal, the issuer shall make a notice filing11
with the commissioner, consisting of the following:12
(a) A copy of the current registration statement filed by the issuer with the13
United States Securities and Exchange Commission.14
(b) A consent to service of process.15
(c) An initial filing fee and an annual renewal fee equal to the fees prescribed16
in R.S. 51:706(A).17
(2) The commissioner, by rule, may require the issuer of any security that is18
a federal covered security under Section 18(b)(4)(D)(E) of the Securities Act of19
1933, as amended, to make a notice filing no later than fifteen days after the first sale20
in this state of such federal covered security on United States Securities and21
Exchange Commission Form D, together with a consent to service of process and a22
filing fee.23
ACT No. 119 SB NO. 265 ENROLLED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Section 2. This Act shall become effective upon signature by the governor or, if not1
signed by the governor, upon expiration of the time for bills to become law without signature2
by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If3
vetoed by the governor and subsequently approved by the legislature, this Act shall become4
effective on the day following such approval.5
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: