There is a newer version
of
this Statute
2017 Louisiana Laws
Revised Statutes
TITLE 6 - Banks and Banking
RS 6:1205 - Who may hold capital
Universal Citation: LA Rev Stat § 6:1205 (2017)
§1205. Who may hold capital
Capital stock of a savings bank may be held:
(1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals;
(2) By a fiduciary when authorized by law;
(3) By a government or governmental instrumentality when authorized by law; and
(4) By any corporation or other person when not prohibited by law.
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.