La. Stat. tit. 6 § 551.15

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
Section 6:551.15 - State administrative office; authorization; permitted activities
A. With the authorization of the commissioner of financial institutions, a foreign bank may, subject to approval from the Federal Reserve Board, establish a state administrative office in this state subject to the provisions of this Chapter and applicable federal law.
B. An administrative office may engage only in the following activities:
(1) Administration of personnel and operations.
(2) Engage in data processing or recordkeeping activities.

La. R.S. § 6:551.15

Acts 2004, No. 420, §1.
Acts 2004, No. 420, §1.