---
urn: urn:us-la:rs:6:973
citation: "R.S. 6:973"
status: active
breadcrumb: "Title 6 › Chapter 11"
acts_citations:
  - { year: 1985, number: 107, section: 1, effective_date: null, role: enactment }
  - { year: 1997, number: 1475, section: 1, effective_date: 1997-07-15, role: amendment }
---

# Prohibited insurance activities

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.