Louisiana Statutes
§ 6:1260 — Authorized charges
Louisiana·Title 6 Banks and Banking
A.A savings bank may charge a penalty for nonpayment when due, of installments, interest, or premiums on loans.
B.A savings bank may make such charges or receive reimbursement for any expenses, other than ordinary business expenses, incurred by it or as provided by any contract.
C.All fees, charges, and penalties collected shall be accounted for as a part of the receipts of the savings bank.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 6:1260 (Authorized charges) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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 commissioner