La. Rev. Stat. § 6:894
This is the official text of La. Rev. Stat. § 6:894, 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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Certificate of authority; examination of qualifications
Official statutory text
Before issuing a certificate of authority to any foreign homestead or building and loan association, society, or company, the commissioner shall examine the qualifications and responsibility of the persons managing the association, society, or company, and examine the present and future homestead and savings and building and loan needs of the community or locality in Louisiana to be served by the proposed association, and generally shall consider the possibility of usefulness and service which the foreign association may reasonably be expected to meet and fulfill in the light of the considerations set forth in this Part. If, in his judgment, the commissioner deems that the public interest will not be served by permitting the foreign association to do business locally, he shall refuse to issue his certificate of public necessity.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Status: in_force · Read it on the official government site
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