La. Rev. Stat. § 6:1260
This is the official text of La. Rev. Stat. § 6:1260, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Authorized charges
Official statutory text
A. A savings bank may charge a penalty for nonpayment when due, of installments, interest, or premiums on loans.
B. A savings bank may make such charges or receive reimbursement for any expenses, other than ordinary business expenses, incurred by it or as provided by any contract.
C. All fees, charges, and penalties collected shall be accounted for as a part of the receipts of the savings bank.
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
B. A savings bank may make such charges or receive reimbursement for any expenses, other than ordinary business expenses, incurred by it or as provided by any contract.
C. All fees, charges, and penalties collected shall be accounted for as a part of the receipts of the savings bank.
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Status: in_force · Read it on the official government site
Need a lawyer in Louisiana?
Find a Louisiana lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.