R.S. 6:1011

Powers; limitations; prohibitions ACTIVE

A licensee shall not accept money or currency for deposit or act as bailee or agent for any person to hold money or currency in escrow for others for any purpose. However, a licensee may act as agent for a person licensed under the Sale of Checks and Money Transmission Act, Chapter 13 of this Title.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 1999, No. 1208, §1, eff. July 9, 1999
  • amendment Acts 2001, No. 586, §1, eff. June 22, 2001

Section navigation

Cite R.S. 6:1011

Bluebook
La. Rev. Stat. Ann. § 6:1011 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1011
BibTeX
@misc{larevstat-6-1011,
  title        = {La. Rev. Stat. Ann. § 6:1011},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1011},
  note         = {Snapshot 2026-05-22}
}