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Terms Used In Louisiana Revised Statutes 6:131

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

This Part applies to the decision of the commissioner to:

A.  Grant a certificate of authority for:

(1)  The organization of a bank or savings and loan association.

(2)  The opening of a branch of an existing bank, trust company, or savings and loan association.

B.  Grant permission for:

(1)  A bank, trust company, or savings and loan association to convert from a national charter to a state charter.

(2)  The merger or consolidation of banks, trust companies, or savings and loan associations.

(3)  The transfer of assets of a bank, trust company, or savings and loan association.

(4)  The voluntary dissolution of a bank, trust company, or savings and loan association.

Acts 1986, No. 730, §1.