La. Rev. Stat. § 6:311
This is the official text of La. Rev. Stat. § 6:311, 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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Types of accounts authorized to offer
Official statutory text
State banks may offer any type of deposit accounts, interest-bearing or not, that are consistent with the provisions of this law, rules and regulations of the commissioner, or applicable rules and regulations of the Federal Deposit Insurance Corporation or the Federal Reserve System, except that in no case may any bank establish any interest-bearing account funded with deposited monies belonging to third persons identified in accordance with the provisions of R.S. 6:317 which allows the interest to be paid to any person other than the owner of the monies, in accordance with Civil Code Art. 510.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1991, No. 546, §1.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1991, No. 546, §1.
Status: in_force · Read it on the official government site
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