Martiny (SB 265) Act No. 119
Prior law provided that the commissioner of financial institutions, by rule, may require the
issuer of any security that is a federal covered security under Section 18(b)(4)(D) of the
Securities Act of 1933, as amended, to make a notice filing no later than 15 days after the
first sale in this state of such federal covered security on United States Securities and
Exchange Commission Form D, together with a consent to service of process and a filing fee.
New law, based on a redesignation of federal law, makes a technical change to the federal
citation in prior law from Section 18(b)(4)(D) of the Securities Act of 1933 to Section
18(b)(4)(E) of the Securities Act of 1933.
Effective upon signature of the governor (May 16, 2014).
(Amends R.S. 51:705(G))