Skip Navigation Links
      RS 6:1205     

  

§1205.  Who may hold capital

Capital stock of a savings bank may be held:

(1)  By any individual in his own right, regardless of age or marital status, or by two or more such individuals;

(2)  By a fiduciary when authorized by law;

(3)  By a government or governmental instrumentality when authorized by law; and

(4)  By any corporation or other person when not prohibited by law.

Acts 1990, No. 816, §1, eff. Sept. 1, 1990.



If you experience any technical difficulties navigating this website, click here to contact the webmaster.
P.O. Box 94062 (900 North Third Street) Baton Rouge, Louisiana 70804-9062