There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 6 - Banks and Banking
RS 6:394.1 - Right of set-off
LA Rev Stat § 6:394.1 What's This?
§394.1. Right of set-off
Notwithstanding Civil Code Articles 1893, et seq. or any other provision of law to the contrary, any funds held on deposit with any state bank on behalf of a depositor may be used by the depositor as a set-off against any and all loans, extensions of credit, or other obligations or indebtedness of the depositor owed to the depository bank in the event such bank is liquidated.
Acts 1986, No. 379, §1.
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