{
  "urn": "urn:us-la:rs:6:1121",
  "title_number": "6",
  "section_number": "1121",
  "citation": "R.S. 6:1121",
  "heading": "Definitions",
  "text": "For purposes of this Chapter, the following terms shall have the following meanings:\n\n(1) \"Credit agreement\" means an agreement to lend or forbear repayment of money or goods or to otherwise extend credit, or make any other financial accommodation.\n\n(2) \"Creditor\" means a financial institution or any other type of creditor that extends credit or extends a financial accommodation under a credit agreement with a debtor.\n\n(3) \"Debtor\" means a person or entity that obtains credit or seeks a credit agreement with a creditor or who owes money to a creditor.\n\n(4) \"Financial institution\" means a bank, savings and loan association, savings banks, or credit union authorized to transact business in this state.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "6",
      "name": "BANKS AND BANKING"
    },
    {
      "level": "chapter",
      "number": "16",
      "name": "CREDIT AGREEMENTS -- WRITING REQUIREMENTS"
    }
  ],
  "breadcrumb": "Title 6 › Chapter 16",
  "acts_citations": [
    {
      "act_year": 1989,
      "act_number": 531,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1989, No. 531, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=105703",
  "website_law_id": 105703,
  "scrape_timestamp": "2026-05-22T23:53:39Z",
  "source_html_hash": "sha256:daf995b7d572bd15a6f0f30ee8159e6eb3e3e4e76251f190bc21df41f58c50c9",
  "schema_version": "1.0.0"
}