reglab/housing_qa huggingface dataset:
LA Rev Stat § 6:419 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§419. Receipt of deposits while insolvent

RS 419 - Receipt of deposits while insolvent A. After an officer, director, or employee of a bank learns that the bank is insolvent, he shall not assent to the receipt of any deposit of which all or any portion thereof would not be insured by the Federal Deposit Insurance Corporation or the creation of any debt by the bank. B. Whoever violates this Section shall be fined not more than one thousand dollars and shall be individually responsible for any such deposit or debt. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1987, No. 108, §1.
LA Rev Stat § 6:420 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§420. False entries or reports; failure to exhibit books; reporting of criminal violations

RS 420 - False entries or reports; failure to exhibit books; reporting of criminal violations A. No director, officer, or employee of any state bank shall knowingly make false entries or knowingly omit and neglect to make proper entries in any of the books of the bank for the purpose of deceiving the commissioner, the board of directors, or the public concerning the true condition of the bank. B. No director, officer, or employee of any state bank shall knowingly concur in the making or publication of any false written report or false statement of its affairs or pecuniary condition or, having the custody and control of its books, refuse to exhibit or allow to be exhibited the books and records for inspection by the commissioner or any of his examiners. No director shall knowingly make or cause to be made any false entry on its books with intent to deceive or, having the custody and control of its books, willfully refuse or neglect to make any proper entry in the books of the bank. C. No director, officer, or employee of any state bank shall knowingly fail or omit to file any report required by the provisions of this law. D. If requested by the commissioner, each state-chartered financial institution, trust company, and money transmission or sale of checks licensee shall provide the Office of Financial Institutions with information relating to any report of suspicious activity a state-chartered entity may be required by federal law or regulation to submit to any federal agency. A state-chartered financial institution, trust company, or money transmission or sale of checks licensee shall incur no liability to its customer for compliance with the reporting requirements imposed herein or with the reporting requirements imposed by any federal law or regulation. E. The commissioner in his sole discretion may refer to the attorney general or the district attorney of the appropriate jurisdiction any suspicious activity reported pursuant to this Section for further proceedings. F. Any person who violates this Section shall be fined not less than one thousand dollars nor more than five thousand dollars. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1986, No. 4, §1; Acts 1997, No. 42, §1; Acts 2008, No. 345, §1, eff. June 21, 2008.
LA Rev Stat § 6:421 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§421. Overdrafts

RS 421 - Overdrafts A. No officer of any state bank shall knowingly permit the aggregate amount of unsecured overdrafts due the bank to exceed ten percent of the sum of its capital stock and surplus. Overdrafts by parishes, municipalities, school boards, and other political subdivisions of the state which are under contract with the bank to make advances to those political subdivisions at a fixed rate of interest shall not be computed in calculating unsecured overdrafts for the purpose of this Section. B. Any person who violates this Section shall be fined not more than one thousand dollars, and each day the violation continues shall be considered a separate violation. Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
LA Rev Stat § 6:422 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§422. Excessive borrowings or repurchase agreements

RS 422 - Excessive borrowings or repurchase agreements No state bank shall borrow additional sums as long as it has borrowed upon bills payable, rediscounts, or otherwise, or entered into repurchase agreements in any sum equal to three times its total capital less undivided profits. This prohibition shall not apply to borrowings from or repurchase transactions with a federal reserve bank or federal home loan bank. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1995, No. 424, §1, eff. June 17, 1995.
LA Rev Stat § 6:423 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§423. Check-cashing facility; location of business limited

RS 423 - Check-cashing facility; location of business limited A. No license shall be granted for the operation of a check-cashing facility which will be situated within three hundred feet or less of any official gaming establishment or designated docking facility of a riverboat licensed to conduct gaming activities or gaming operations pursuant to Chapter 4 or 5 of Title 27 of the Louisiana Revised Statutes of 1950. As to official gaming establishments, this distance shall be measured as a person walks using the sidewalk from the nearest point of the property line of the official gaming establishment to the nearest point of the facility. As to docking facilities, this distance shall be measured in a straight line from the nearest point of the docking facility to the nearest point of the check-cashing facility. B. The subsequent construction, erection, development, or movement of an official gaming establishment or designated docking facility which causes a check-cashing facility to be located within the prohibited distance shall not be cause for revocation, withholding, denial, or nonrenewal of a license. C. For purposes of this Section, "check-cashing facility" means a facility whose primary business is the cashing of checks, drafts, money orders, or travelers checks for a fee. The term does not include a bank, trust company, savings bank, savings and loan association, or credit union. D. The provisions of this Section shall not apply to an individual, partnership, unincorporated association, or corporation that charges no fee to the presenter or payor for the cashing of a check, draft, money order, or traveler's check. Acts 1993, No. 743, §1; Acts 1999, No. 1208, §1, eff. July 9, 1999.
LA Rev Stat § 6:451 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§451. Repealed by Acts 1991, No. 197, §1, eff. July 2, 1991.

RS 451 - Repealed by Acts 1991, No. 197, §1, eff. July 2, 1991.
LA Rev Stat § 6:452 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§452. Loan production offices; power of commissioner to adopt rules and regulations

RS 452 - Loan production offices; power of commissioner to adopt rules and regulations  A.(1) Any Louisiana state-chartered bank, savings bank, or savings and loan association, or a wholly owned operating subsidiary of such bank, savings bank, or savings and loan association, may open one or more loan production offices. Prior to opening a loan production office, the financial institution shall give written notice to the commissioner. Upon receiving the written notice, the commissioner has forty-five days to object. If the commissioner does not raise a timely objection, the financial institution may proceed with opening the loan production office. If the commissioner raises an objection, the commissioner shall, upon request, notify the financial institution in writing as to the nature of the objection.  (2) "Loan production office" means a physically manned location, other than the main office or branch office of a bank, savings bank, or savings and loan association, with the authority to conduct the solicitation and origination of applications for loans.  B. The commissioner shall authorize permissible activities of a loan production office by rule or regulation. The commissioner shall have the right, and is empowered to promulgate any rules, regulations, filing procedures, instructions, and fees that he deems necessary for the creation of loan production offices in the state.  C. Notwithstanding Subsections A and B of this Section, or any other law, rule, or regulation to the contrary, any state-chartered bank, savings bank, or savings and loan association may seek to conduct any activity at a loan production office that is a permissible activity for a loan production office of a national bank by complying with R.S. 6:242(C).  Acts 1992, No. 112, §1, eff. Sept. 1, 1992; Acts 2020, No. 183, §1.
LA Rev Stat § 6:453 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§453. Deposit production offices; power of commissioner to adopt rules and regulations

RS 453 - Deposit production offices; power of commissioner to adopt rules and regulations  A.(1) Any Louisiana state-chartered bank, savings bank, or savings and loan association, or a wholly owned operating subsidiary of such bank, savings bank, or savings and loan association, may open one or more deposit production offices. Prior to opening a deposit production office, the financial institution shall give written notice to the commissioner. Upon receiving the written notice, the commissioner has forty-five days to object. If the commissioner does not raise a timely objection, the financial institution may proceed with opening the deposit production office. If the commissioner raises an objection, the commissioner shall, upon request, notify the financial institution in writing as to the nature of his objection.  (2) "Deposit production office" means a physically manned location, other than the main office or branch office of a bank, savings bank, or savings and loan association, with the authority to solicit deposits, provide information about deposit products, and assist persons in completing application forms and related documents to open deposit accounts.  B. The commissioner shall authorize permissible activities of a deposit production office by rule or regulation. The commissioner shall have the right, and is empowered to promulgate any rules, regulations, filing procedures, instructions, and fees that he deems necessary for the creation of deposit production offices in the state.  C. Notwithstanding Subsections A and B of this Section, or any other law, rule, or regulation to the contrary, any state-chartered bank, savings bank, or savings and loan association may seek to conduct any activity at a deposit production office that is a permissible activity for a deposit production office of a national bank by complying with R.S. 6:242(C).  Acts 2020, No. 183, §1.
LA Rev Stat § 6:454 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§454. Combination of loan production office, deposit production office, and electronic financial terminal

RS 454 - Combination of loan production office, deposit production office, and electronic financial terminal  Any Louisiana state-chartered bank, savings bank, or savings and loan association may operate, at the same location, a loan production office, a deposit production office, and an electronic financial terminal, or any combination of these facilities, and it shall not be considered a branch. Prior to opening a combined loan production office, deposit production office, and electronic financial terminal, the financial institution shall give written notice to the commissioner. Prior to opening a combined loan production office and deposit production office, a financial institution may satisfy the notice requirements of R.S. 6:452 and 453 by giving one combined written notice to the commissioner. Upon receiving the written notice, the commissioner has forty-five days to object. If the commissioner does not raise a timely objection, the financial institution may proceed with opening the combined office. If the commissioner raises an objection, the commissioner shall, upon request, notify the financial institution in writing as to the nature of the objection.  Acts 2020, No. 183, §1.
LA Rev Stat § 6:501 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§501. Branch offices; authority

RS 501 - Branch offices; authority  A. All banks domiciled in this state may open one or more branch offices within or outside the state or may acquire one or more banks or any or all branches thereof, or both.  B. No branch office shall be opened without a certificate of authority from the commissioner.  Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1986, No. 458, §2; Acts 1988, No. 39, §1, eff. June 10, 1988; Acts 2021, No. 17, §1.
LA Rev Stat § 6:502 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§502. Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988.

RS 502 - Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988.
LA Rev Stat § 6:503 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§503. Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988.

RS 503 - Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988.
LA Rev Stat § 6:504 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§504. Branches in foreign countries

RS 504 - Branches in foreign countries A. All banks, savings banks, and trust companies having a paid-in capital and surplus of one million dollars or more may open and maintain branches in foreign countries, appoint correspondents, and establish agencies wherever they deem best for the purpose of purchasing, selling, and collecting bills of exchange. They may buy with or without endorsement, through such correspondents or agencies, bills of exchange or acceptances arising out of the actual commercial transactions. However, the exchange or acceptances purchased shall mature not later than ninety days from the date of purchase, exclusive of days of grace. They may also conduct all usual transactions authorized by this Title. B. The designation of the branch, agency, or correspondent shall be approved by the commissioner and is subject to examination by him at the expense of the principal office in Louisiana. Expenses include traveling expenses incurred in making the examination as well as any usual examination fee charged by the commissioner. C. These agencies may conduct all other transactions authorized by the banking laws set out in this Title. Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
LA Rev Stat § 6:505 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§505. Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988.

RS 505 - Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988.
LA Rev Stat § 6:506 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§506. Certificate of authority for branch office

RS 506 - Certificate of authority for branch office A. Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988. B. An application for a certificate of authority to open a branch office shall be in the manner and in the form required by the commissioner. C.(1) To determine whether to grant a certificate of authority for the establishment of a proposed branch office the commissioner shall consider: (a) The financial history and condition of the applicant. (b) The distribution and adequacy of the capital structure of the applicant. (c) The future earning prospects of the applicant. (d) The management of the applicant. (e) The convenience and needs of the community or area in which the proposed branch office is to be located and the ability of that community or area to support additional facilities. (f) The corporate powers of the applicant. (g) Any other factors required by rule to be considered. (2) If the commissioner finds, after considering the above factors, that the public interest will not be served by permitting the establishment of the proposed branch office, he shall refuse to issue the certificate of authority. D. A bank may acquire a business engaging in any of the banking powers described in R.S. 6:242(A) and operate the facility as a branch upon submission of an application for a certificate of authority to the commissioner and approval thereof as provided herein. The facility may be operated as a branch even if the bank does not lend money, receive deposits, or pay checks at that location. E. No bank, savings bank, or savings and loan association shall lease a branch office unless such lease contract contains provisions that allow the bank, savings bank, or savings and loan association to comply with R.S. 6:507. Acts 1986, No. 8, §1; Acts 1988, No. 39, §2, eff. June 10, 1988; Acts 1997, No. 606, §1; Acts 2003, No. 53, §1, eff. May 23, 2003.
LA Rev Stat § 6:507 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§507. Closure of branch office

RS 507 - Closure of branch office A. No bank or savings bank shall close a branch office except pursuant to the procedure provided by this Section. B. At least ninety days prior to the closure date, the bank shall submit in writing to the commissioner detailed reasons for the necessity of the closure, evidence that the appropriate federal banking agency has been notified of said closure, and, if applicable, the location to which the branches' accounts and safe deposit boxes are to be transferred. C. At least thirty days prior to the closure date, the bank shall post a notice in a conspicuous location in the branch office to be closed, that the branch office will be closed, stating the closure date and, if applicable, the location to which the branches' accounts and safe deposit boxes are to be transferred. D. The requirements contained in Subsections B and C may be waived by the commissioner to prevent or alleviate any condition which he may reasonably expect to create an emergency relative to that financial institution, its employees, or its customers. Acts 1987, No. 104, §1; Acts 1992, No. 62, §1, eff. Sept. 1, 1992; Acts 2003, No. 53, §1, eff. May 23, 2003.
LA Rev Stat § 6:511 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§511. Declaration of policy

RS 511 - Declaration of policy It is declared to be the policy of this state to foster commerce in this state by encouraging effective competition among banking institutions and to accomplish these objectives by permitting bank holding companies to own or control one or more banking institutions in Louisiana. It is further declared that a bank holding company is intended to contribute to the overall safety and soundness of its subsidiary banks and that bank holding companies as a whole should contribute to the health of the Louisiana banking industry. Acts 1962, No. 275, §1, eff. July 10, 1962; Amended by Acts 1968, No. 610, §1; Acts 1984, No. 50, §1, eff. Jan. 1, 1985; Acts 1984, No. 719, §3, eff. Jan. 1, 1985; Acts 1985, No. 809, §1.
LA Rev Stat § 6:513 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§513. Prohibitions

RS 513 - Prohibitions It shall be unlawful: (1) Until July 1, 1989, for any bank holding company or subsidiary thereof to open for business any bank not now opened for business whether or not a charter, permit, license, or certificate to open for business has already been issued. (2) For any company to become a bank holding company unless the primary purpose of the corporation is the ownership or control of one or more banks. (3) For any bank holding company, subsidiary, or employee thereof to engage in any insurance activity except an insurance activity authorized by R.S. 6:242. However, any bank holding company or subsidiary thereof which was engaged as a general insurance agent, or broker on January 1, 1984, may continue to be so engaged. Acts 1962, No. 275, §3. Amended by Acts 1968, No. 610, §2; Acts 1983, No. 470, §1; eff. July 6, 1983; Acts 1984, No. 50, §1, eff. Jan. 1, 1985; Acts 1984, No. 719, §3, eff. Jan. 1, 1985; Acts 1986, No. 458, §1; Acts 1988, No. 39, §1, eff. June 10, 1988; Acts 1990, No. 611, §1, eff. July 19, 1990; Acts 1995, No. 681, §1; Acts 1997, No. 1475, §1, eff. July 15, 1997.
LA Rev Stat § 6:514 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§514. Penalties

RS 514 - Penalties A. Any bank holding company or any subsidiary thereof which willfully violates any provision of this Chapter or any regulation or order issued by the commissioner of financial institutions pursuant thereto shall upon conviction be fined not less than five hundred dollars nor more than one thousand dollars for each day during which the violation continues. B. Any individual who willfully participates in a violation of any provision of this Chapter shall upon conviction be fined not less than one thousand dollars nor more than five thousand dollars or imprisoned not more than one year, or both. Acts 1962, No. 275, §4. Acts 1984, No. 50, §1, eff. Jan. 1, 1985; Acts 1984, No. 719, §3, eff. Jan. 1, 1985.
LA Rev Stat § 6:515 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§515. Administration

RS 515 - Administration A. The commissioner of financial institutions shall administer and carry out the provisions of this Chapter and may issue such regulations and orders as may be necessary to discharge this duty and to prevent evasions of this Chapter. B. The commissioner may promulgate reporting, examination, and fee regulations for bank holding companies in accordance with the Administrative Procedure Act. Such regulations may include, but shall not exceed, the requirements established herein: (1) Reports. Each bank holding company shall provide the office of financial institutions with a copy of its annual report submitted to the Federal Reserve Board. A bank holding company subject to a formal enforcement action by the Federal Reserve Board or any of its banks shall provide the office with copies of reports submitted to the Federal Reserve Board or one of its banks arising from such action. (2) Examinations. The office may examine annually a bank holding company which has as its bank subsidiary or subsidiaries only state banks. The office may examine a bank holding company having more than one bank subsidiary, one of which is a national bank, whenever the commissioner knows or has reasonable cause to believe that an unsafe or unsound practice or condition exists or is likely to occur in any state bank subsidiary of such bank holding company. (3) REPEALED BY ACTS 1992, No. 63, §1, Eff. JUNE 4, 1992. Acts 1962, No. 275, §5. Acts 1984, No. 50, §1, eff. Jan. 1, 1985; Acts 1984, No. 719, §3, eff. Jan. 1, 1985; Acts 1985, No. 809, §1; Acts 1992, No. 63, §1, eff. June 4, 1992.
LA Rev Stat § 6:516 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§516. Savings clause

RS 516 - Savings clause A. Nothing herein contained shall be interpreted or construed as approving any act, action, or conduct which is or has been or may be in violation of any existing law, nor shall anything herein contained constitute a defense to any action, suit, or proceeding pending or hereafter instituted on account of any prohibited antitrust or monopolistic act, action, or conduct. B. Repealed by Acts 1988, No. 39, §2, eff. June 10, 1988. Acts 1962, No. 275, §6. Amended by Acts 1984, No. 50, §1, eff. Jan. 1, 1985; Acts 1984, No. 719, §3, eff. Jan. 1, 1985; Acts 1988, No. 39, §2, eff. June 10, 1988.