Louisiana Administrative Code
Title 10 - FINANCIAL INSTITUTIONS, CONSUMER CREDIT, INVESTMENT SECURITIES AND UCC
Part III - Banking
Chapter 5 - Subsidiary Mortgage Corporation
Section III-507 - Separate Records and Funds
Universal Citation: LA Admin Code III-507
Current through Register Vol. 50, No. 3, March 20, 2024
A. The books and records of the mortgage corporation subsidiary shall be kept separate and distinct from those of the parent or other subsidiaries and funds of the parent or other subsidiaries shall not be commingled with those of the subsidiary mortgage corporation.
AUTHORITY NOTE: Promulgated in accordance with R.S. 6:237(B).
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