La. Admin. Code tit. 46 § LXVII-2711

Current through Register Vol. 50, No. 12, December 20, 2024
Section LXVII-2711 - Non-Interest Bearing Checking Accounts
A. Every sales escrow checking account, rental trust checking account or security deposit trust checking account shall be opened as a non-interest bearing checking account unless all parties having an interest in the funds to be deposited therein have agreed otherwise in writing.

La. Admin. Code tit. 46, § LXVII-2711

Promulgated by the Department of Economic Development, Real Estate Commission, LR 26:44 (January 2000), amended by the Office of the Governor, Real Estate Commission, LR 32:1452 (August 2006), repromulgated LR 37:3006 (October 2011).
AUTHORITY NOTE: Promulgated in accordance with R.S. 37:1431 et seq.