State Notice

Hill Scott Corporation HSC Community Investment Authority under the constitution of the State of Louisiana CONST 6:10–11–16 that only serves businesses, partnerships, cooperative associations, or corporations and does not service consumers, and is exempted from consumer protection laws. It is legally defined as a non-depository financial institution CFR 31§ 1010.315 and reports transactions in currency under § 1010.311  

HSC ensures efficient community fund management under sections 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940 for non-governmental community Investment funds.

Securities Depository

All deposits and clearing are Book Entry Only Securities BEO as restricted securities under (RS10:8-111, RS 9:2129, RS 51:708, under SEC Exempted Offerings; in reference to Louisiana securities and commercial transaction exempted pursuant to RS 51:708(5)(9)(10)(12)  RS 51:709 (4) (11)  Assets are pledged to secure deposited under RS 6:418  

Money Transmission

Electronic Money transfers shall be for community investment settlement for political subdivision’s electoral constituencies with consensus defined under 31 CFR §1010.100

• Payment processor (ff)(5)(ii)(B)
• Internal sale of goods/services (ff)(5)(ii)(F)
• Agent exemption FinCEN Ruling FIN-2008-R007
• RS 6:1034(2)(5)(7)(9)

 Licensing

HSC is a global online financial institution that service applicable state globally. It has elected to be non-licensure with the Official of Financial Institution in Louisiana under RS 6:121.8(B) in reference to a financial institution as defined in R.S. 6:2(8).

Regulatory Body

HSC follows federal, state, and local regulatory compliance with no government protection. All commercial acts are regulated under commerce contract law in relationship with constitutional, civil, and corporate law under the Uniform Commercial Codes UCC. In cooperation with United State and Interstate Law, under federal and state exemption clauses in respect of all Federal and State local agencies.

Legal Register, Audits and Reports HSC and its agents are regulated under the SEC, FinCen, IRS, FTC, Federal Registry, State Registry, and Local Clerk of Court in all state of operation

Commercial Business Trade

HSC shall do commercial business trade as a commercial securities lender for Private Real Estate Investment Trust REIT as private equity and proprietary trade services under RS 6:2 (1)(3)(4) and RS 9:3572.2(5). Also offering commercial bonds and mortgages that are outside the scope of Louisiana Consumer Credit Laws under RS 9:3512(1)(7)

Critical Infrastructure Lending

The HSC shall follow all Transparency in Ownership of Critical Infrastructure Law and not violate any prohibition on contracts in connection with critical infrastructure under RS 51:3053 and the Louisiana Major Projects Development Authority Act.

Community Investment Development Fund “CID Fund”

HSC offer CID Funds that hold private liabilities and asset within the State of Louisiana under Foreign Trust RS 9:2262.1 which means financial asset is or may be credited in accordance with an agreement under which the private fund managers exercise the rights that comprise the financial asset. Funds is not a state or federal funded but complements the FDIC Community Reinvestment Act CRA.

Treasury Banking

HSC offer it partners Treasury Banking solutions is in reference to “Private Bank” 31 CFR §1010.100(b)(2). Also within UCC § 1-201(4) and Louisiana Uniform Fiduciaries Law RS 9:3801 and Louisiana Commercial Law R.S 10:4-105(2) as Private Corporate Bank, Depositary bank  vs Depository holding and extending credit to partners securities entitlements under UCC 8-501  RS 10:8-501 It does not plan or intend in any manner directly or indirectly in written or verbal advertising or other communication purport to offer a savings account, savings deposit, certificate of deposit, savings certificate, money market certificate, share account, share draft account, passbook account, checking account, or withdrawals from such accounts. It is clearly not referring to or doing business of general banking with the State of Louisiana or the US.

The use of the word “Bank

The Treasury Bank utilize the title “Treasury Bank” as reference to “Treasury to Bank” integration service. It focuses on integration of community investment programs with external FDIC bank accounts with licensed bank. The Treasury activities are conducted solely for fiduciary, custodial settlement purposes among affiliates. All public-facing content, including websites, presentations, and publications, is intended solely for general awareness and informational of treasury storage clearing and investment bank settlement purposes. It does not imply, constitute, advertising, solicitation, or a public offering of consumer banking services.

Non avoidance of taxation, and regulatory Compliance

HSC election to be exempted and exclusion is not due to noncompliance and avoidance of taxation and regulatory compliance, but only to avoid bureaucratic bias and predetermination that hinder growth and production with economic progress in local communities. Our goal is independent and autonomy with mutual cooperative endeavors with federal, state, and local governing authority to strive, achieve or reach community financial aid and improvement with less restrictions, operating under internally safe, responsible, due diligence, accountability and creditable leadership with federal, state and local law. 

Adoption of local ordinance

HSC has adopted its own local ordinance prepared for voter approval, under Louisiana Constitution Article VI, §5 & §16, which govern local government entities created by home rule or special district petition and election.

Legal Basis for Local Agency by Petition and Election

Under the Louisiana Constitution of 1974, Article VI, the creation of a new local public agency, district, or service authority by local ordinance and public vote follows the same framework as a home rule charter or special district proposal.

• §5(B) says a proposal may be submitted by:

“(1) A resolution or ordinance of the governing authority, or
(2) A petition signed by not less than ten percent (10%) of the electors or ten thousand electors, whichever is fewer, of the local governmental subdivision.”

• §16 requires that any new local public agency or special district be approved by a majority of electors voting in an election held for that purpose.

So, for your ordinance to go to a vote:

1. The governing authority (e.g., parish police jury or city council) may directly call the election, or
2. You can submit a petition to the registrar of voters that has:
   • At least 10% of registered voters, or
   • 10,000 voters, whichever is less,
     within the jurisdiction (parish or municipality) where the agency will first be established.

2. Petition Format & Signature Verification

When submitting that petition to the registrar of voters, R.S. 18:3 applies strictly. Each signer must provide:

• Handwritten (wet-ink) signature
• Date of signing
• Year of birth
• Registration address
• Printed name
• Witness signature and date

The registrar will:

• Verify each signature against voter registration records
• Certify the number of valid electors who signed
• Return a certification report to the local governing authority or the secretary of state.

Digital or stylus-written electronic signatures will not count under Louisiana law for election petitions.

3. Signature Threshold Example (North Louisiana Start)

Let’s say you begin in Caddo Parish or Ouachita Parish:

Parish	Registered Voters (approx.)	10% Threshold	10,000 Cap
Caddo	~170,000	17,000	10,000 → use 10,000
Ouachita	~105,000	10,500	10,000 → use 10,000
Lincoln	~30,000	3,000	10,000 → use 3,000

So, in most North Louisiana parishes, you’ll need 10% of registered voters (unless that exceeds 10,000, in which case 10,000 is sufficient).

4. Election Procedure

Once the petition is certified:

1. The parish governing authority must call an election (with approval from the State Bond Commission if funding is included).
2. The election must follow the state’s Election Code (Title 18) timelines — usually at least 90 days’ notice before the election date.
3. Approval requires a majority vote of those voting on the measure.

5. Statewide Expansion

Once approved locally, your Community Investment Service Agency ordinance can:

• Serve as a model ordinance for adoption by other parishes under the same framework (Art. VI §5 & §16).
• Coordinate under intergovernmental agreements (R.S. 33:1321 et seq.) to form a multi-parish authority once multiple jurisdictions have approved the same or compatible ordinances.

A bond ID typically refers to various identification codes used to uniquely identify bonds. The most common types include:

ISIN (International Securities Identification Number): A 12-character alphanumeric code that uniquely identifies a bond and other securities.

2

CUSIP (Committee on Uniform Securities Identification Procedures): A 9-character alphanumeric code used in the United States to identify securities, including bonds.

1

Bond Serial Number: This encodes essential information about the bond, such as the issuer and issue date.

2

These identifiers help in the accurate tracking and trading of bonds in the financial markets.

When various types of investment debt are grouped together to sale to investors.

When various types of investment debt are grouped together to sale to investors