La. Rev. Stat. § 6:1205
Who may hold capital
Louisiana · Louisiana Revised Statutes Title 6 — Banks and Banking · Status: effective
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- Citation
- La. Rev. Stat. § 6:1205, Who may hold capital, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2636749
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Full text
Capital stock of a savings bank may be held:
(1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals;
(2) By a fiduciary when authorized by law;
(3) By a government or governmental instrumentality when authorized by law; and
(4) By any corporation or other person when not prohibited by law.