---
urn: urn:us-la:rs:6:907
citation: "R.S. 6:907"
status: active
breadcrumb: "Title 6 › Chapter 9 › Part XIV"
acts_citations:
  - { year: 1987, number: 110, section: 1, effective_date: 1987-06-18, role: enactment }
---

# Formation of savings and loan holding companies

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.