reglab/housing_qa huggingface dataset:
LA Rev Stat § 6:893 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§893. Certificate of authority; exceptions

RS 893 - Certificate of authority; exceptions A. Nothing in this Part shall be construed to repeal R.S. 12:302(K) or to require foreign associations to qualify under this Part for the purpose of: (1) Participating in mortgage notes or loans with local associations, national or state banks having their banking offices in this state, or with other persons, firms, or corporations regularly and properly engaged in the business of making or servicing mortgage loans in Louisiana and qualified to do business in Louisiana; (2) From purchasing mortgage notes or loans secured by mortgages on immovable property having a situs in this state pursuant to commitments, agreements, or arrangements made with persons, firms, or corporations regularly and properly engaged in business in Louisiana, prior to or following the origination or creation of such loans; or (3) From purchasing mortgage notes or loans secured by mortgages on immovable property in this state if the original loan was made by a local association, a national or state bank having its banking office in this state, or by some other person, firm, or corporation regularly and properly engaged in the business of making mortgage loans in Louisiana and qualified to do business in Louisiana. B. However, no foreign association may make, solicit, or engage in the direct mortgage loan business or may itself directly make or solicit loans secured by mortgages or vendor's privileges on immovable property in this state without first procuring from the commissioner a certificate of authority and public necessity under this Part. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:894 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§894. Certificate of authority; examination of qualifications

RS 894 - Certificate of authority; examination of qualifications 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.
LA Rev Stat § 6:895 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§895. Penalty for doing business without certificate of authority

RS 895 - Penalty for doing business without certificate of authority Any person acting for himself or as the agent or representative of any person who does business, solicits, or attempts to do business in this state for any foreign association or their agents that has not procured certificates of authority and public necessity from the commissioner shall be fined not less than one thousand dollars nor more than three thousand dollars, or shall be imprisoned for not less than three months nor more than six months, or both. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:896 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§896. Issuance of certificate of authority; renewal annually

RS 896 - Issuance of certificate of authority; renewal annually Whenever the foreign association has complied with provisions of this Part and the commissioner is satisfied that it is doing business according to the provisions of this Part, that it is in sound financial condition and that there is a real need for it to be permitted to enter the state, he shall issue a certificate of authority and of public necessity. Thereafter, upon each filing of the annual statement provided for in this Part, if the commissioner is satisfied with the condition of the association and with its usefulness and necessity as an agency for thrift and for building and loan purposes generally in this state he shall issue a renewal certificate of authority. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:897 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§897. Deposits as security; foreign association ceasing to do business in Louisiana

RS 897 - Deposits as security; foreign association ceasing to do business in Louisiana A. The deposit made with the state treasurer shall be held as security for all claims of residents of Louisiana against the association and subjected to the payment of claims in the same manner as the property of other nonresidents. If any foreign association ceases to do business in Louisiana, the state treasurer may release the securities on a certificate from the commissioner, which certificate the commissioner shall issue in his discretion, a sufficient amount being retained to satisfy all outstanding liabilities. B. A foreign association may collect and use the interest on any securities deposited as required by this Part, as long as it fulfills its obligations and complies with the provisions of this Part. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:898 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§898. Supervision and examination

RS 898 - Supervision and examination The commissioner shall examine and supervise all foreign associations doing any such business in this state in the same manner as he examines and supervises associations of this state. Foreign associations shall pay the supervision and examination fee imposed by R.S. 6:911, plus all fees imposed by R.S. 6:912, plus any additional costs as determined by the commissioner. The commissioner, in his discretion, may rely on such official examination, public and private audits, and copies of reports which are supplied to him. The commissioner is hereby authorized and directed to obtain an injunction or take any other action necessary to prevent any foreign association from doing any business of an association in this state without approval. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:901 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§901. Powers, privileges, and exemptions of federal associations

RS 901 - Powers, privileges, and exemptions of federal associations A federal savings association, federal savings and loan association, or federal savings bank incorporated pursuant to the laws of the United States and having its principal business office located within the territorial limits of this state is not a foreign association. Unless federal laws or regulations provide otherwise, such federal associations and the members or stockholders thereof shall possess all of the rights, powers, privileges, benefits, immunities, and exemptions as provided by law. Acts 1970, No. 234, §1; Acts 1983, No. 675, §1; Acts 1985, No. 332, §1, eff. July 9, 1985.
LA Rev Stat § 6:902 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§902. Companion authority

RS 902 - Companion authority A. It is expressly provided that such powers, privileges, benefits, immunities, and exemptions that are provided by the laws of this state for associations organized under the laws of this state and for the members, stockholders, depositors, or borrowers thereof; and the vendors liens, mortgages on movables or immovables, or both, acts of pledge and other forms of security contracts executed in favor of federal associations shall, in all respects, have the same effect, rank, and priority against all other privileges, liens, encumbrances, and creditors of the mortgagor, pledgor, or other debtor granting security and all debtors subsequently affected thereby, and shall also confer all rights, powers, advantages, privileges, remedies, and immunities conferred upon associations organized under the laws of this state, and inscription of any such security contract in favor of a federal association shall have effect for the same period of time without necessity of reinscription, and reinscription shall also have effect for the same period of time as is now or may hereafter be provided by laws of this state for associations organized under the laws of this state. All contracts made by, or in favor of such federal associations shall confer upon them the same rights, powers, advantages, privileges, remedies, and immunities as conferred by this state upon state associations. B. Notwithstanding any other provision of this Chapter, and for the purpose of providing a means by which state associations may have authority consistent with that granted federal associations, the commissioner shall have the power to establish and promulgate regulations he deems necessary and in the best interest of the state associations, consistent with the regulations of the Federal Home Bank and the Federal Deposit Insurance Corporation, consistent with services offered by and authority vested in, federal associations, and in furtherance of and/or incidental to the exercise of the powers of associations generally and as enumerated in R.S. 6:731. Acts 1970, No. 234, §1. Amended by Acts 1975, No. 278, §1; Acts 1983, No. 675, §1.
LA Rev Stat § 6:903 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§903. Additional companion authority

RS 903 - Additional companion authority Notwithstanding any other provision of law to the contrary, the commissioner shall have the authority to promulgate rules and regulations granting to associations the same authority granted to federally chartered savings and loan associations, or to a foreign association which has been issued a certificate of authority pursuant to R.S. 6:896. Acts 1983, No. 675, §1.
LA Rev Stat § 6:905 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§905. Limitation

RS 905 - Limitation No conversion of a federal association, direct or indirect, shall be permitted except as specifically authorized by this Chapter. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:906 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§906. Conversions; locations

RS 906 - Conversions; locations Any federal association that converts to a state association or any state association that converts to a federal association shall have the right to keep open and operate office locations that it has in operation on the effective date of the conversion. Acts 1983, No. 675, §1.
LA Rev Stat § 6:907 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§907. Formation of savings and loan holding companies

RS 907 - Formation of savings and loan holding companies Notwithstanding any other provision of law to the contrary, a savings and loan association whether chartered on a mutual or capital stock basis may form a savings and loan holding company. The commissioner of financial institutions shall promulgate regulations for the implementation of this Section, not inconsistent with federal law and regulations. Acts 1987, No. 110, §1, eff. June 18, 1987.
LA Rev Stat § 6:911 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§911. REPEALED BY ACTS 1993, NO. 278, §1, EFF. JAN. 1, 1994.

RS 911 - REPEALED BY ACTS 1993, NO. 278, §1, EFF. JAN. 1, 1994.
LA Rev Stat § 6:912 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§912. Additional foreign association fees

RS 912 - Additional foreign association fees Any foreign association applying for a certificate from the commissioner shall pay such fee as he shall determine. Furthermore, the commissioner may assess an extra fee, including actual expenses, for all examinations which may be needed in respect to the examination of the home office of any such foreign association situated outside the state. His fee shall be payable in advance. Failure to pay on demand of the commissioner constitutes a cause for revocation of the certificate of authority of the foreign association. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:922 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§922. Powers of attorney

RS 922 - Powers of attorney Any association may continue to recognize the authority of an attorney-in-fact authorized in writing to manage or to make withdrawals either in whole or in part from the savings accounts or of the shares and the sums paid in on account of unpledged savings accounts or shares of a member or stockholder, whether minor or adult, until it receives written notice or is on actual notice of the revocation of his authority. For the purposes of this Section, written notice of the death or adjudication of incompetency of such member or stockholder shall constitute written notice of revocation of the authority of his attorney. No institution shall be liable for damages, penalty, or tax by reason of any payment made pursuant to this Section. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:923 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§923. Exemption from security laws

RS 923 - Exemption from security laws Associations, their officers, employees or agents, savings or demand accounts, shares and stock, and the sale, issuance, or offering of savings or demand accounts, stock or shares of any association are hereby exempted from all provisions of law of this state, other than this Chapter, which provide for supervision, reporting, registration, or regulation in connection with the sale, issuance, or offering of securities, and the sale, issuance, or offering of any shares, stock or savings or demand accounts shall be legal without any action or approval whatsoever on the part of any official, other than the commissioner, authorized to license, regulate, or supervise the sale, issuance, or offering of securities. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:924 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§924. Holder of note may enforce

RS 924 - Holder of note may enforce Any pledgee or other lawful holder of any note or other evidence of indebtedness due to any association may enforce in its own name or in the name of the association all appropriate remedies to enforce collection, whether or not the shares or savings account described in connection with the note is held by the pledgee or holder. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:925 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§925. Unlawful to destroy property

RS 925 - Unlawful to destroy property A. It shall be unlawful for any person to conceal, destroy, damage, or remove any property, improvement, fixture, appliance, or equipment from any immovable property without the written consent of the association having an unpaid vendor's privilege or mortgage on the improvement, fixture, appliance, or equipment or on the immovable property itself. This prohibition applies to such property at all times, even when under foreclosure and in the hands of liquidators or under the custody and administration of the sheriff as provided in Code of Civil Procedure Articles 326 and 328. B. Whoever conceals, destroys, damages, or removes such property, or whoever aids, advises, and abets such person in these matters shall be fined not less than three hundred dollars nor more than one thousand dollars or imprisoned for not less than three months nor more than one year, or both. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:926 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§926. Foreclosure of mortgage

RS 926 - Foreclosure of mortgage In the event of foreclosure by executory process of a mortgage, on either movable or immovable property, in favor of an association, the certificate of any officer of the association, certifying as to the amount due on the mortgage and the maturity thereof by reason of the failure of the mortgagor, his assigns, or successors, to comply with the obligations imposed by the act of mortgage, the bylaws, or the savings contract is authentic evidence of the facts recited in the certificate. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:927 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§927. Communication from commissioner having effect of approval or order to be in writing and signed

RS 927 - Communication from commissioner having effect of approval or order to be in writing and signed Every approval by the commissioner given pursuant to the provisions of this Chapter and every communication having the effect of an order or instruction to any association shall be in writing and signed and shall be sent to the association affected thereby, addressed to its president, at the home office of the association. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:928 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§928. Right of commissioner to utilize courts

RS 928 - Right of commissioner to utilize courts At any time after any controversy has arisen between the commissioner and an association with respect to any question of law or regulation or with respect to any question involving irreparable damage to the association, the commissioner, prior to an administrative hearing, may apply to the district court for a declaratory judgment as to such question. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:929 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§929. Rights of association to contest decisions of commissioner

RS 929 - Rights of association to contest decisions of commissioner Whenever any controversy has arisen between the commissioner and an association with respect to any question of law or regulation or with respect to any other question involving immeasurable or irreparable damage to the association, including but not limited to any decision by the commissioner to close the association and take possession, the members or stockholders of the association or the board of directors, may by a two-thirds vote of the members or stockholders or directors present in person, or by proxy, at a meeting called for such purpose, authorize an officer of the association to apply to the district court for a declaratory judgment as to such question. Nothing contained herein precludes any member, stockholder, depositor, or borrower from exercising any right provided him individually under the laws of this state. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:930 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§930. Defamation of institutions prohibited; fine

RS 930 - Defamation of institutions prohibited; fine Whoever willfully and knowingly makes, issues, circulates, transmits, or causes or knowingly permits to be made, issued, circulated, or transmitted, any statement or rumor, written, printed, reproduced in any manner, or by word of mouth, which is untrue and is directly or by inference false, malicious in that it is calculated to injure reputation or business, or derogatory to the reputation, financial condition, or standing of any association, federal association, federal savings bank, foreign association holding a certificate of authority pursuant to R.S. 6:896, Federal Home Loan Bank, the Federal Home Loan Bank Board, or the Federal Deposit Insurance Corporation, shall be fined not more than one thousand dollars or imprisoned for not more than six months. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:931 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§931. False statements and similar actions prohibited; fine

RS 931 - False statements and similar actions prohibited; fine Whoever knowingly makes or causes to be made, directly or indirectly, or through any agency whatsoever, any false statement or report, or willfully overvalues any land, property, or security for the purpose of influencing in any way the action of any association or federal association, federal savings bank, or foreign association holding a certificate of authority pursuant to R.S. 6:896, upon any application, advance, discount, purchase or repurchase agreement, commitment or loan or any change or any extension of the same, by renewal, deferment of action or otherwise, or the acceptance, release, or substitution of security therefor, shall be fined not more than five thousand dollars or imprisoned for not more than two years, or both. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:932 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§932. Act of controlling

RS 932 - Act of controlling Insofar as the provisions of this Chapter are inconsistent with the provisions of any other law affecting saving* associations, the provisions of this Chapter shall control. More particularly, the provisions of this Chapter, with respect to the organization, management, and operation, and those for the supervision, liquidation, and the administration of associations, are exclusive, and the other laws of the state, especially the laws providing for the receivership of corporations, do not apply to associations. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1. *So in enrolled bill.
LA Rev Stat § 6:933 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§933. Application to existing associations

RS 933 - Application to existing associations Except as otherwise expressly provided in this Chapter, all of the provisions of this Chapter shall be applicable to every existing association heretofore formed under the laws of this state for a purpose or purposes for which such an association might be formed under this Chapter; however, this Chapter shall not affect or impair any right of any existing association which is guaranteed or protected by the constitution of this state or of the United States; and provided further that this Chapter shall not be construed to impair or affect any act done, offense committed, or right accruing, prior to July 29, 1970, at noon, but the same may be enjoyed, asserted and enforced, prosecuted or inflicted as fully, and to the same extent, as if this Chapter had not been enacted. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
LA Rev Stat § 6:937 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§937. Dividends; requirements

RS 937 - Dividends; requirements A. The provisions of R.S. 6:1207, and any rules and regulations promulgated thereunder, shall be applicable to associations in the same manner as they are to savings banks. B. If a capital stock association results from conversion of a mutual association, a cash dividend shall not be declared to the holders of common stock of the association during the two-year period immediately following the conversion if the payment of a cash dividend would result in the reduction of the net worth account below the amount which existed in that account at the time of conversion. Acts 1983, No. 675, §1; Acts 2003, No. 56, §1, eff. May 23, 2003.