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Code · Louisiana · Title 12 — Corporations and Associations

RS 12:499.11

60 words·~1 min read·/la/title-12/12-473

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RS 12:499.11
§499.11. Loans
Any institution supervised either by the commissioner of financial institutions or the commissioner of insurance may make loans secured by pledge of a proprietary lease and the appurtenant stock of a cooperative housing corporation upon the same terms and with the same limitations as loans secured by mortgages on real property.
Acts 1990, No. 857, §1.
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