Usufruct
R.S. 6:533

Scope of Part ACTIVE

Subject to the other provisions of this Part:

(1) A Louisiana bank or bank holding company may acquire one or more out-of-state banks or branches thereof, or bank holding companies and, subject to the laws of the host state may convert these to branches of the Louisiana bank. For the purposes of this Paragraph, the term "bank" shall have the meaning set forth in R.S. 6:512(C). 1

(2) An out-of-state bank or bank holding company may acquire a Louisiana bank holding company, a Louisiana bank, or another out-of-state bank holding company having a Louisiana bank subsidiary.

(3) Effective June 1, 1997, an out-of-state bank holding company may convert its Louisiana bank or banks into branches of the out-of-state bank.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1986, No. 577, §1, eff. July 2, 1986
  • amendment Acts 1989, No. 686, §2, eff. July 7, 1989
  • amendment Acts 1995, No. 1249, §1

Section navigation

Cite R.S. 6:533

Bluebook
La. Rev. Stat. Ann. § 6:533 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-533
BibTeX
@misc{larevstat-6-533,
  title        = {La. Rev. Stat. Ann. § 6:533},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-533},
  note         = {Snapshot 2026-05-22}
}