United States — Louisiana
RS 9:2095
1 provisions
A trustee may make a general deposit of trust money in a bank, but must use reasonable care in choosing the bank and label the deposit as trust funds unless the trust instrument says otherwise.
Esheria Regulatory Atlas
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1,343 matching statutes
United States — Louisiana
1 provisions
A trustee may make a general deposit of trust money in a bank, but must use reasonable care in choosing the bank and label the deposit as trust funds unless the trust instrument says otherwise.
United States — Louisiana
1 provisions
After a merger, the continuing savings bank is treated as the same entity as each merging institution and takes on their property, rights, duties, obligations, and liabilities.
United States — Louisiana
1 provisions
Banks are generally barred from making loans secured by their own stock or their parent company’s stock, and state banks are generally barred from buying or redeeming that stock.
United States — Louisiana
1 provisions
A savings bank may exercise the chapter’s general corporate powers, and it must also follow specified rules for bylaws, membership conditions, deposit insurance, and other listed matters.
United States — Louisiana
1 provisions
This section sets the steps for a voluntary bank liquidation, including commissioner approval, notices to creditors, handling deposit boxes, paying claims, and distributing any leftover assets.
United States — Louisiana
1 provisions
A savings bank may pay or lend against a withdrawable account to a minor or fiduciary holder, unless a written agreement says otherwise or the bank has written notice of the fiduciary terms.
United States — Louisiana
1 provisions
This section defines terms used in Chapter 3 on state banks.
United States — Louisiana
1 provisions
Several public and financial actors may place or deposit funds in savings or demand accounts at capital stock savings and loan associations and capital stock savings banks.
United States — Louisiana
1 provisions
A bank, and the payee or other holder, do not have to investigate whether a trustee’s check breaches the trust unless the conduct amounts to bad faith.
United States — Louisiana
1 provisions
The commissioner must submit a merger plan to savings bank stockholders for approval and may require submission to mutual savings bank members.
United States — Louisiana
1 provisions
A foreign bank may establish and operate a state agency, branch, bank, or office in any parish, if it complies with this Part.
United States — Louisiana
1 provisions
Savings banks cannot pay cash dividends for two years after receiving a certificate of authority, unless the commissioner sets a shorter period.