La. Rev. Stat. § 6:551.19
This is the official text of La. Rev. Stat. § 6:551.19, 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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Paid-in capital; surplus; undivided profits
Official statutory text
Before opening a branch, agency, or office in this state and annually thereafter so long as a branch, agency, or office is maintained in this state, a foreign bank granted a certificate of authority pursuant to this Part shall certify to the commissioner the amount of its paid-in capital, its surplus, and its undivided profits, each expressed in the currency of the country of its incorporations; the dollar equivalent of which amount, as determined by the commissioner, shall be deemed to be the amount of its capital, surplus, and undivided profits.
Acts 2004, No. 420, §1.
Acts 2004, No. 420, §1.
Status: in_force · Read it on the official government site
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