La. Corporations and Associations § 12:499.11
Current with changes from the 2024 Legislative Session
Any institution supervised either by the commissioner of financial institutions or the commissioner of insurance may make loans secured by pledge of a proprietary lease and the appurtenant stock of a cooperative housing corporation upon the same terms and with the same limitations as loans secured by mortgages on real property.
La. Corporations and Associations § 12:499.11