RS 6:571
106 words·~1 min read·
/la/title-6/6-393A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 6:571
CHAPTER 7-A. LOUISIANA TRUST COMPANY LAW
PART I. GENERAL PROVISIONS
§571. General authority
When authorized by the commissioner, a corporation may be chartered pursuant to the provisions of Chapter 3 of this Title for the purpose of becoming a trust company. The commissioner may apply the provisions of Chapter 3 of this Title, regarding state banks, and Chapters 1 and 22 of Title 12, the Business Corporations Law, and the law regarding limited liability companies, respectively, for purposes of administering and regulating the activities of trust companies and for purposes of voluntary and involuntary dissolution.
Acts 2003, No. 573, §1, eff. June 27, 2003.