R.S. 6:1232

Prohibited loans ACTIVE

No loan shall be made by any savings bank to any person owning ten percent or more of the capital stock or to any affiliated person, agent, or attorney of that savings bank either for himself or as agent, or as partner of another, except in accordance with laws and regulations to which national banks are subject, applicable to a similar transaction.

Actions

References

None.

Cited by

None.

History

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

Section navigation

Cite R.S. 6:1232

Bluebook
La. Rev. Stat. Ann. § 6:1232 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1232
BibTeX
@misc{larevstat-6-1232,
  title        = {La. Rev. Stat. Ann. § 6:1232},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1232},
  note         = {Snapshot 2026-05-22}
}