La. Stat. tit. 6 § 622

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
Section 6:622 - Pledge of assets

A trust company may not pledge or create a lien on any of its assets except to secure the repayment of money borrowed or authorized or required by this Chapter or by rules adopted under this Chapter. An act, deed, conveyance, pledge, or contract in violation of this Section is void.

La. R.S. § 6:622

Acts 2003, No. 573, §1, eff. June 27, 2003.
Acts 2003, No. 573, §1, eff. 6/27/2003.