Louisiana Statutes

§ 6:1011 — Powers; limitations; prohibitions

Louisiana § 6:1011
JurisdictionLouisiana
Title 6Banks and Banking

This text of Louisiana § 6:1011 (Powers; limitations; prohibitions) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 6:1011 (2026).

Text

A licensee shall not accept money or currency for deposit or act as bailee or agent for any person to hold money or currency in escrow for others for any purpose. However, a licensee may act as agent for a person licensed under the Sale of Checks and Money Transmission Act, Chapter 13 of this Title.

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Legislative History

Acts 1999, No. 1208, §1, eff. July 9, 1999; Acts 2001, No. 586, §1, eff. June 22, 2001.

Nearby Sections

15
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Bluebook (online)
Louisiana § 6:1011, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/6%3A1011.