{
  "urn": "urn:us-la:rs:6:1229",
  "title_number": "6",
  "section_number": "1229",
  "citation": "R.S. 6:1229",
  "heading": "Immovable property; dealings",
  "text": "A. A savings bank may hold and convey real estate which it has acquired in satisfaction of debts previously contracted bona fide in the course of its business.\n\nB. A savings bank may, in accordance with regulations adopted by the commissioner, make a loan or other extension of credit which would otherwise exceed the limits prescribed in R.S. 6:1235 when the purpose of the loan is to finance the sale of real estate acquired for a debt previously contracted or for use as bank premises. Such loans may only be made upon prior written approval of the commissioner.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "6",
      "name": "BANKS AND BANKING"
    },
    {
      "level": "chapter",
      "number": "17",
      "name": "LOUISIANA SAVINGS BANKS"
    },
    {
      "level": "part",
      "number": "VI",
      "name": "INVESTMENTS"
    }
  ],
  "breadcrumb": "Title 6 › Chapter 17 › Part VI",
  "acts_citations": [
    {
      "act_year": 1990,
      "act_number": 816,
      "section": 1,
      "effective_date": "1990-09-01",
      "effective_date_raw": "Sept. 1, 1990",
      "role": "enactment"
    },
    {
      "act_year": 1993,
      "act_number": 277,
      "section": 1,
      "effective_date": "1993-06-02",
      "effective_date_raw": "June 2, 1993",
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1990, No. 816, §1, eff. Sept. 1, 1990; Acts 1993, No. 277, §1, eff. June 2, 1993.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=105764",
  "website_law_id": 105764,
  "scrape_timestamp": "2026-05-22T23:53:54Z",
  "source_html_hash": "sha256:ee10161091237d63f2bbd3a6a62b8dbe929ed5f9c0dadfa6026151e7ba8fc0f5",
  "schema_version": "1.0.0"
}