---
urn: urn:us-la:rs:6:621
citation: "R.S. 6:621"
status: active
breadcrumb: "Title 6 › Chapter 7-A › Part V"
acts_citations:
  - { year: 2003, number: 573, section: 1, effective_date: 2003-06-27, role: enactment }
---

# Borrowing limit

Except with the prior written approval of the commissioner, a trust company may not have outstanding liabilities exceeding an amount equal to three times its capital. However, the commissioner may impose a lower limit consistent with the safety and soundness of the trust company.