Louisiana § 6:741

Louisiana Statutes

§ 6:741

Louisiana § 6:741

Title 6Banks and Banking

This text of Louisiana § 6:741 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. § 6:741 (2026).

Text

§741. Authorized capital
The authorized capital of a stock association shall be as provided in its articles of incorporation. The authorized capital of a mutual association shall be unlimited and the actual accumulative capital at any time shall be deemed the authorized capital at such time. No association shall be deceptive in advertising the amount of its capital.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.

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§741. Authorized capital
The authorized capital of a stock association shall be as provided in its articles of incorporation. The authorized capital of a mutual association shall be unlimited and the actual accumulative capital at any time shall be deemed the authorized capital at such time. No association shall be deceptive in advertising the amount of its capital.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.