Current through Register Vol. 50, No. 12, December 20, 2024
Section III-511 - Transactions between Parent and SubsidiaryA. Transactions between a parent state bank or subsidiary state bank of a parent bank holding company and the subsidiary mortgage corporation shall, with respect to the state bank, be governed by all laws and regulations applicable to transactions between the state bank and any other borrower, customer or depositor of the state bank, including but not limited to provisions of law governing the state bank's lending limit.La. Admin. Code tit. 10, § III-511
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).