La. Admin. Code tit. 10 § III-503

Current through Register Vol. 50, No. 12, December 20, 2024
Section III-503 - Powers
A. A subsidiary mortgage corporation may originate first mortgage loans, make first mortgage loans, service first mortgage loans, act as an agent in the warehousing and servicing of first mortgage loans, and, in general, engage in activities permitted mortgage company subsidiaries of national banks.

La. Admin. Code tit. 10, § III-503

Promulgated by the Department of Commerce, Office of Financial Institutions, LR 13:740 (December 1987).
AUTHORITY NOTE: Promulgated in accordance with R.S. 6:237(B).