Louisiana Statutes
§ 6:538 — Five-year continuous operation requirement
Louisiana § 6:538
JurisdictionLouisiana
Title 6Banks and Banking
This text of Louisiana § 6:538 (Five-year continuous operation requirement) 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. § 6:538 (2026).
Text
The commissioner shall not approve an application for an acquisition under this Part unless the Louisiana bank to be acquired, or at least one Louisiana bank subsidiary of the bank holding company to be acquired, has as of the proposed date of acquisition been in existence and in continual operation for at least five years.
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Legislative History
Acts 1986, No. 577, §1, eff. July 2, 1986; Acts 1995, No. 1249, §1.
Nearby Sections
15
§ 6:5
Public policy§ 6:501
Branch offices; authority§ 6:507
Closure of branch office§ 6:511
§ 6:511§ 6:512
Definitions§ 6:513
Prohibitions§ 6:514
Penalties§ 6:515
Administration§ 6:516
Savings clauseCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 6:538, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/6%3A538.