{
  "urn": "urn:us-la:rs:6:615",
  "title_number": "6",
  "section_number": "615",
  "citation": "R.S. 6:615",
  "heading": "Engaging in commerce prohibited",
  "text": "Except as otherwise provided by this Chapter or rules adopted under this Chapter, a trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not part of the trust business, except as necessary to fulfill a fiduciary obligation to a client.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "6",
      "name": "BANKS AND BANKING"
    },
    {
      "level": "chapter",
      "number": "7-A",
      "name": "LOUISIANA TRUST COMPANY LAW"
    },
    {
      "level": "part",
      "number": "IV",
      "name": "TRUST COMPANY INVESTMENTS"
    }
  ],
  "breadcrumb": "Title 6 › Chapter 7-A › Part IV",
  "acts_citations": [
    {
      "act_year": 2003,
      "act_number": 573,
      "section": 1,
      "effective_date": "2003-06-27",
      "effective_date_raw": "June 27, 2003",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 2003, No. 573, §1, eff. June 27, 2003.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=207748",
  "website_law_id": 207748,
  "scrape_timestamp": "2026-05-22T23:51:58Z",
  "source_html_hash": "sha256:6ad3bfbcba81b9f1200e0d4dd4d2eebc708f22eac449203cd9121d5a6d8c4f3b",
  "schema_version": "1.0.0"
}