Louisiana Statutes

§ 47:9002 — Definitions

Louisiana·Title 47 Revenue and Taxation

§9002. Definitions As used in this Subtitle, the following words and phrases shall have the following meanings unless the context clearly requires otherwise:

(1)"Anti-money laundering standards" or "AML" means the requirements and guidelines provided in the federal Bank Secrecy Act of 1970, as amended, and the Anti-Money Laundering Act of 2020, as amended, for the prevention and detection of money laundering and the financing of terrorism.
(2)"Applicant" means a person, business, or legal entity who has submitted an application to the corporation seeking a permit or the renewal of a permit.
(3)"Application" means the forms and schedules prescribed by the corporation upon which an applicant seeks a permit or the renewal of a permit. An application shall also include any other information

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Legislative History

Acts 1990, No. 1045, §1, eff. Nov. 7, 1990; Acts 2021, No. 80, §4, eff. July 1, 2021.

Nearby Sections

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