Louisiana Statutes
§ 6:1232 — Prohibited loans
Louisiana § 6:1232
JurisdictionLouisiana
Title 6Banks and Banking
This text of Louisiana § 6:1232 (Prohibited loans) 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. § 6:1232 (2026).
Text
No loan shall be made by any savings bank to any person owning ten percent or more of the capital stock or to any affiliated person, agent, or attorney of that savings bank either for himself or as agent, or as partner of another, except in accordance with laws and regulations to which national banks are subject, applicable to a similar transaction.
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Legislative History
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Nearby Sections
15
§ 6:1201
§ 6:1201§ 6:1203
Capital stock; nature§ 6:1205
Who may hold capital§ 6:1206
Capital maintenance§ 6:121.1
Enforcement powers of commissionerCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 6:1232, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/6%3A1232.