La. Stat. tit. 6 § 1205

Current with changes from the 2024 Legislative Session
Section 6:1205 - Who may hold capital

Capital stock of a savings bank may be held:

(1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals;
(2) By a fiduciary when authorized by law;
(3) By a government or governmental instrumentality when authorized by law; and
(4) By any corporation or other person when not prohibited by law.

La. R.S. § 6:1205

Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Acts 1990, No. 816, §1, eff. 9/1/1990.