There is a newer version
of
this Statute
2018 Louisiana Laws
Revised Statutes
TITLE 48 - Roads, Bridges and Ferries
RS 48:85 - Use of the word "Bank"
Universal Citation: LA Rev Stat § 48:85 (2018)
§85. Use of the word "Bank"
A. The Bank is not authorized or empowered to be or to constitute a bank or trust company within the jurisdiction or under the control of the state of Louisiana, or any agency of the state, the Office of the Comptroller of the Currency, the United States Department of the Treasury, a bank, a banker, or a dealer in securities within the meaning of, or subject to the provisions of, any securities, securities exchange, or securities dealers' law of the United States or this state.
B. All deposits taken by the Bank shall contain a notice stating that the deposits are not insured by the Federal Deposit Insurance Corporation.
Acts 2015, No. 431, §2.
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.
