LAC 10:XIII.121 – Disclaimer of Control

A. If the existence of control is open to reasonable doubt in any instance, the registrant may disclaim the existence of control and any admission thereof. In any case, however, the registrant shall state the material facts pertinent to the possible existence of control.

AUTHORITY NOTE: Promulgated in accordance with R.S. 51:706, R.S. 51:707 and R.S. 51:708.

HISTORICAL NOTE: Adopted by the Commissioner of Securities, November 9, 1971.