---
urn: urn:us-la:rs:6:1161
citation: "R.S. 6:1161"
status: active
breadcrumb: "Title 6 › Chapter 17 › Part III"
acts_citations:
  - { year: 1990, number: 816, section: 1, effective_date: 1990-09-01, role: enactment }
---

# Application for permit to organize

A. Savings banks shall be organized and incorporated in the same manner as state banks under the provisions of Chapter 3 of Title 6 of the Louisiana Revised Statutes of 1950.

B. Not less than five natural persons may organize a savings bank under this Chapter.