---
urn: urn:us-la:rs:51:3102
citation: "R.S. 51:3102"
status: active
breadcrumb: "Title 51 › Chapter 53"
acts_citations:
  - { year: 2007, number: 255, section: 1, effective_date: null, role: enactment }
---

# Purpose

The commissioner shall administer and monitor a banking development district program under the provisions of this Chapter to encourage the establishment of branches of a financial institution in geographic areas where there is a demonstrated need for banking services.