Louisiana § 6:1121

Louisiana Statutes

§ 6:1121

Louisiana § 6:1121

Title 6Banks and Banking

This text of Louisiana § 6:1121 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. § 6:1121 (2026).

Text

§1121. Definitions For purposes of this Chapter, the following terms shall have the following meanings:

(1)"Credit agreement" means an agreement to lend or forbear repayment of money or goods or to otherwise extend credit, or make any other financial accommodation.

(2)"Creditor" means a financial institution or any other type of creditor that extends credit or extends a financial accommodation under a credit agreement with a debtor.

(3)"Debtor" means a person or entity that obtains credit or seeks a credit agreement with a creditor or who owes money to a creditor.

(4)"Financial institution" means a bank, savings and loan association, savings banks, or credit union authorized to transact business in this state. Acts 1989, No. 531, §1.

Free access — add to your briefcase to read the full text and ask questions with AI

§1121. Definitions
For purposes of this Chapter, the following terms shall have the following meanings:
(1) "Credit agreement" means an agreement to lend or forbear repayment of money or goods or to otherwise extend credit, or make any other financial accommodation.
(2) "Creditor" means a financial institution or any other type of creditor that extends credit or extends a financial accommodation under a credit agreement with a debtor.
(3) "Debtor" means a person or entity that obtains credit or seeks a credit agreement with a creditor or who owes money to a creditor.
(4) "Financial institution" means a bank, savings and loan association, savings banks, or credit union authorized to transact business in this state.
Acts 1989, No. 531, §1.