Louisiana § RS 9:2124 - Holding stock in name of nominee

Full text of Louisiana Louisiana Civil Code § RS 9:2124 — Holding stock in name of nominee, with citation guidance and answers to common questions.

§ RS 9:2124. Holding stock in name of nominee

A trustee owning stock may hold it in the name of a nominee, without mention of the trust in the stock certificate or stock registration book, provided that the trust records and all reports or accounts rendered by a trustee clearly show the ownership of the stock and the facts regarding its holding.  A trustee shall be personally liable for any loss to the trust resulting from any act of the nominee in connection with stock so held.  

Source: official Louisiana text · Last verified 2026-08-27

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Frequently Asked Questions About Louisiana § RS 9:2124

What does Louisiana Civil Code § RS 9:2124 cover?

Section RS 9:2124 ("Holding stock in name of nominee") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 9:2124?

A common citation format is "Louisiana Civil Code § RS 9:2124" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 9:2124 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.