A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this Chapter or provision of Chapter 9 of this Title that affect this Chapter and affects another party who does not consent to the rule.
La. R.S. 10:8-111
Clearing corporation rules
Known as the Uniform Commercial Code
The act spans §§ 10–10 (238 sections).
Acts 1995, No. 884, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.