Usufruct
R.S. 6:383

Transfer of title to bank assets; extension of prescriptive periods ACTIVE

A. Upon confirmation of a conservator, title to all assets of the bank shall vest in the conservator without the execution of any instruments of conveyance, assignment, transfer, or endorsement.

B. Notwithstanding any other laws to the contrary, the prescriptive period shall be extended for a period of six months on all causes of action accruing to the conservator pursuant to Subsection A.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1984, No. 719, §1, eff. Jan. 1, 1985

Section navigation

Cite R.S. 6:383

Bluebook
La. Rev. Stat. Ann. § 6:383 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-383
BibTeX
@misc{larevstat-6-383,
  title        = {La. Rev. Stat. Ann. § 6:383},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-383},
  note         = {Snapshot 2026-05-22}
}