La. Rev. Stat. § 6:551.15
This is the official text of La. Rev. Stat. § 6:551.15, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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State administrative office; authorization; permitted activities
Official statutory text
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.
Acts 2004, No. 420, §1.
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.
Acts 2004, No. 420, §1.
Status: in_force · Read it on the official government site
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