La. Stat. tit. 6 § 318

Current with operative changes from the 2024 Third Special Legislative Session

Section 6:318 - Letters of credit; use by banks

In addition to other collateral for public funds deposits authorized by law, banks may also use letters of credit issued by the Federal Home Loan Bank.

La. R.S. § 6:318

Acts 2000, 1st Ex. Sess., No. 27, §1, eff. April 14, 2000.

Acts 2000, 1st Ex. Sess., No. 27, §1, eff. 4/14/2000.