Notwithstanding any other provision of law to the contrary, a savings and loan association whether chartered on a mutual or capital stock basis may form a savings and loan holding company. The commissioner of financial institutions shall promulgate regulations for the implementation of this Section, not inconsistent with federal law and regulations.
R.S. 6:907 active rs title
Formation of savings and loan holding companies ACTIVE
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References
None.
Cited by
None.
History
- enactment Acts 1987, No. 110, §1, eff. June 18, 1987