Skip Navigation Links
      RS 6:551.15     

  

§551.15.  State administrative office; authorization; permitted activities

A.  With the authorization of the commissioner of financial institutions, a foreign bank may, subject to approval from the Federal Reserve Board, establish a state administrative office in this state subject to the provisions of this Chapter and applicable federal law.

B.  An administrative office may engage only in the following activities:

(1)  Administration of personnel and operations.

(2)  Engage in data processing or recordkeeping activities.

Acts 2004, No. 420, §1.



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