Louisiana § 6:1397 Enhanced due diligence policy

Louisiana Statutes

§ 6:1397 — Enhanced due diligence policy

Louisiana § 6:1397

Title 6Banks and Banking

This text of Louisiana § 6:1397 (Enhanced due diligence policy) 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. § 6:1397 (2026).

Text

§1397. Enhanced due diligence policy

A.Each virtual currency kiosk operator shall implement, maintain, and enforce a written Enhanced Due Diligence Policy. Such a policy shall be reviewed and approved by the virtual currency kiosk operator's board of directors or an equivalent governing body of the virtual currency kiosk operator.

B.The Enhanced Due Diligence Policy shall identify at minimum individuals who are at risk of fraud based on age or mental capacity.

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§1397. Enhanced due diligence policy
A. Each virtual currency kiosk operator shall implement, maintain, and enforce a
written Enhanced Due Diligence Policy. Such a policy shall be reviewed and approved by
the virtual currency kiosk operator's board of directors or an equivalent governing body of
the virtual currency kiosk operator.
B. The Enhanced Due Diligence Policy shall identify at minimum individuals who
are at risk of fraud based on age or mental capacity.