Louisiana Administrative Code
Title 10 - FINANCIAL INSTITUTIONS, CONSUMER CREDIT, INVESTMENT SECURITIES AND UCC
Part III - Banking
Chapter 5 - Subsidiary Mortgage Corporation
Section III-511 - Transactions between Parent and Subsidiary

Universal Citation: LA Admin Code III-511

Current through Register Vol. 50, No. 12, December 20, 2024

A. Transactions between a parent state bank or subsidiary state bank of a parent bank holding company and the subsidiary mortgage corporation shall, with respect to the state bank, be governed by all laws and regulations applicable to transactions between the state bank and any other borrower, customer or depositor of the state bank, including but not limited to provisions of law governing the state bank's lending limit.

AUTHORITY NOTE: Promulgated in accordance with R.S. 6:237(B).

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