Louisiana Revised Statutes 6:401 – Exclusive procedures
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Terms Used In Louisiana Revised Statutes 6:401
- Receiver: means the person liquidating a state bank pursuant to Part II of this Subchapter. See Louisiana Revised Statutes 6:381
This Part provides the full and exclusive powers and procedures for the liquidation of state banks under the laws of this state, and no receiver or other liquidating agent shall be appointed for such purpose except as expressly provided in this Part.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.