Usufruct
R.S. 6:1228

Purchase of real estate at judicial sale ACTIVE

A savings bank may purchase, hold, and convey real estate acquired at any sheriff's sale or other judicial sale, either public or private, upon which the savings bank has any good faith mortgage, lien, or other encumbrance, or in which the savings bank has any other interest. The savings bank thereafter may repair, improve, sell, convey, lease, mortgage, exchange, or otherwise dispose of real estate so acquired, in the best interests of the savings bank, without limitation.

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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. 6:1228

Bluebook
La. Rev. Stat. Ann. § 6:1228 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1228
BibTeX
@misc{larevstat-6-1228,
  title        = {La. Rev. Stat. Ann. § 6:1228},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1228},
  note         = {Snapshot 2026-05-22}
}