{
  "urn": "urn:us-la:rs:6:973",
  "title_number": "6",
  "section_number": "973",
  "citation": "R.S. 6:973",
  "heading": "Prohibited insurance activities",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "6",
      "name": "BANKS AND BANKING"
    },
    {
      "level": "chapter",
      "number": "11",
      "name": "EXTRAORDINARY ACQUISITIONS OF FINANCIAL INSTITUTIONS"
    }
  ],
  "breadcrumb": "Title 6 › Chapter 11",
  "acts_citations": [
    {
      "act_year": 1985,
      "act_number": 107,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 1997,
      "act_number": 1475,
      "section": 1,
      "effective_date": "1997-07-15",
      "effective_date_raw": "July 15, 1997",
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1985, No. 107, §1; Acts 1997, No. 1475, §1, eff. July 15, 1997.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=106321",
  "website_law_id": 106321,
  "scrape_timestamp": "2026-05-22T23:53:17Z",
  "source_html_hash": "sha256:a95b2bffdd57be6d8decb0353ff689e82042ee58874e8d9f5fec67323540b8bc",
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}