Louisiana Statutes
§ 6:397 — Subrogation to rights of bank depositors
Louisiana § 6:397
JurisdictionLouisiana
Title 6Banks and Banking
This text of Louisiana § 6:397 (Subrogation to rights of bank depositors) 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. § 6:397 (2026).
Text
Whenever the FDIC pays or makes available for payment the insured deposit liabilities of a closed bank, the FDIC, whether or not it acts as receiver, shall be subrogated to all rights of depositors against the closed bank to the same extent as subrogation is provided for in the Federal Deposit Insurance Act, 12 U.S.C. 1811 et seq., in the case of a national bank.
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Related
§ 1811
12 U.S.C. § 1811
Legislative History
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
Nearby Sections
15
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Bluebook (online)
Louisiana § 6:397, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/6%3A397.