La. Admin. Code tit. 10 § III-311
Current through Register Vol. 50, No. 12, December 20, 2024
Section III-311 - Authority and PurposeA. This regulation is issued pursuant to the authority provided by §415(7) of Title 6 of the Louisiana Revised Statutes (R.S.).B. It is the purpose of this regulation to provide a method by which a state bank may exceed lending limit restrictions, imposed by R.S. 6:415(A), when financing the sale of other real estate.La. Admin. Code tit. 10, § III-311
Promulgated by the Department of Economic Development, Office of Financial Institutions, LR 19:36 (January 1993).AUTHORITY NOTE: Promulgated in accordance with Act 1129 of 1992.