Usufruct
R.S. 6:1205

Who may hold capital ACTIVE

Capital stock of a savings bank may be held:

(1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals;

(2) By a fiduciary when authorized by law;

(3) By a government or governmental instrumentality when authorized by law; and

(4) By any corporation or other person when not prohibited by law.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1990, No. 816, §1, eff. Sept. 1, 1990

Section navigation

Cite R.S. 6:1205

Bluebook
La. Rev. Stat. Ann. § 6:1205 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1205
BibTeX
@misc{larevstat-6-1205,
  title        = {La. Rev. Stat. Ann. § 6:1205},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1205},
  note         = {Snapshot 2026-05-22}
}