Louisiana Statutes
§ 51:1107 — Lending power; limitation
Louisiana·Title 51 Trade and Commerce
No corporation organized under the provisions of this Chapter shall lend money to any person engaged in the business of lending money to any other person for profit.
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Legislative History
Acts 1962, No. 434, §7.
Nearby Sections
15
§ 51:1101
§ 51:1101§ 51:1103
Articles of incorporation§ 51:1104
Corporate powers§ 51:1106
Failure to commence to do business§ 51:1107
Lending power; limitation§ 51:1121
§ 51:1121§ 51:1131
§ 51:1131§ 51:1141
§ 51:1141§ 51:1142
Purpose§ 51:1145
Limitations