La. Rev. Stat. § 6:384
This is the official text of La. Rev. Stat. § 6:384, 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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Notice of conservatorship; effect
Official statutory text
Upon commencement of the conservatorship of any state bank, the conservator shall immediately post an appropriate notice of the conservatorship at the main entrance to the main office of the bank. No person who has actual knowledge of the conservatorship or who has been notified pursuant to this Section shall have a privilege for any payment, advance, or clearance thereafter made or for any liability thereafter incurred against any of the assets of the bank possessed by the conservator, nor shall the directors, officers, or agents of such bank thereafter have authority to act on behalf of said bank or to convey, transfer, assign, pledge, mortgage, or encumber any assets thereof.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
Status: in_force · Read it on the official government site
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