If a bank or bank holding company acquires a savings and loan association, the surviving financial institution or bank holding company and its subsidiaries shall not engage in any insurance activity except an insurance activity authorized by R.S. 6:242.
R.S. 6:973 active rs title
Prohibited insurance activities ACTIVE
Actions
References
Cited by
None.
History
- enactment Acts 1985, No. 107, §1
- amendment Acts 1997, No. 1475, §1, eff. July 15, 1997