There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 6 - Banks and Banking
RS 6:318 - Letters of credit; use by banks
LA Rev Stat § 6:318 What's This?
§318. Letters of credit; use by banks
In addition to other collateral for public funds deposits authorized by law, banks may also use letters of credit issued by the Federal Home Loan Bank.
Acts 2000, 1st Ex. Sess., No. 27, §1, eff. April 14, 2000.
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