2006 Louisiana Laws - RS 6:1034 — Exemption from licensing
§1034. Exemption from licensing
No license to transmit money or sell checks as aforesaid shall be required hereunder of any of the following:
(1) Banks, building and loan associations, savings and loan associations, and credit unions organized under the laws of this state, or any state where deposits are required to be insured by an agency of the federal government or under the general banking laws of the United States; however, nothing herein shall be deemed to enlarge the power of the enumerated persons.
(2) Agents of a licensee, as provided in R.S. 6:1041.
(3) A governmental agency, instrumentality, or public entity organized by act of congress or by act of the legislature.
Acts 1966, No. 476, §4. Amended by Acts 1972, No. 160, §1; Acts 1991, No. 812, §1, eff. July 22, 1991; Acts 2001, No. 586, §1, eff. June 22, 2001.
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