2018 Louisiana Laws
Revised Statutes
TITLE 6 - Banks and Banking
RS 6:782 - Depositories

Universal Citation: LA Rev Stat § 6:782 (2018)

§782. Depositories

No association shall deposit any of its funds except with a federal home loan bank, or with a depository insured by the Federal Deposit Insurance Corporation or its successor, or the Federal Savings and Loan Insurance Corporation, or its successor, or the National Credit Union Share Insurance Fund or its successor, and approved by a vote of a majority of the directors of the association.

Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.

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