reglab/housing_qa huggingface dataset:
LA Rev Stat § 6:134 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§134. Judicial review; venue; effect

RS 134 - Judicial review; venue; effect A. A person aggrieved by a decision of the commissioner after the commissioner's decision upon reconsideration, may petition the court for judicial review of the decision. B. The petition for judicial review must be filed within thirty days of the mailing of the decision of the commissioner on the reconsideration of the original decision. C. A petition for judicial review shall be proper only in the district court of the judicial district in which the office of financial institutions is domiciled. D. Judicial review shall be by the court without a jury. E. The filing of the petition does not itself stay the decision or enforcement of the decision of the commissioner. The commissioner may stay or the court may order a stay of the decision upon application of the aggrieved party and upon appropriate terms. Acts 1986, No. 730, §1.
LA Rev Stat § 6:135 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§135. Record filed with court

RS 135 - Record filed with court A. Within thirty days of service of the suit upon the commissioner, he shall file a copy of the record of the application and reconsideration, certified by him, with the court. B. The record shall be confidential and for the in camera review of the court only. Acts 1986, No. 730, §1.
LA Rev Stat § 6:136 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§136. Basis for judicial review

RS 136 - Basis for judicial review A. The review by the court shall be based solely upon the record. No additional testimony or evidence may be introduced. B. The court may allow oral argument and accept written briefs. Acts 1986, No. 730, §1.
LA Rev Stat § 6:137 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§137. Judicial review; test; burden

RS 137 - Judicial review; test; burden A. The review by the court shall be limited to whether the decision of the commissioner was arbitrary, capricious, or an abuse of discretion. B. The petitioner shall bear the burden of proof. Acts 1986, No. 730, §1.
LA Rev Stat § 6:138 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§138. Remand to the commissioner

RS 138 - Remand to the commissioner Upon review, if the court finds the decision of the commissioner to be arbitrary, capricious, or an abuse of discretion, it shall remand the proceedings to the commissioner for action consistent with the court's orders. Acts 1986, No. 730, §1.
LA Rev Stat § 6:201 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§201. Definitions

RS 201 - Definitions As used in this Chapter, unless the context requires otherwise: (1) "Articles" means the original articles of incorporation and all amendments thereto including those contained in merger agreements or, if restated, the latest restatement thereof except in those instances in which the context refers expressly to the original articles of incorporation only. (2) "Assets" means all of a state bank's property and rights of every kind. (3) "Capital" means the sum of capital stock, surplus, and undivided profits or, as to mutual state banks, as defined by R.S. 6:215(B). (4) "Capital stock" means the sum of the par value of the shares outstanding plus any amounts in excess of par value transferred from surplus to capital stock in respect of such shares less any part of such amounts transferred from capital stock to surplus as permitted by this Chapter. (5) "Certificate of stock" means a properly executed instrument evidencing the fact that the person therein named is the registered owner of the shares therein described. (6) "Fiduciary" means any person, firm, partnership, association, or state bank, including a usufructuary, who or which occupies a position of peculiar confidence toward any person, firm, association, partnership, trust, or estate. (7) "Insolvency" means that the assets of a state bank are insufficient to satisfy its obligations to its creditors and depositors. (8) "Issued shares" means outstanding shares. (9) "Net assets" means the excess of assets over liabilities. (10) "Stockholder" means the holder of record of one or more shares. (11) "Shares" means the units into which the stockholders' rights to participate in the control of the state bank, in its profits, or in the distribution of corporate assets are divided. (12) "Subscriber" means one who subscribes for shares in a state bank whether before or after incorporation. (13) "Surplus" means sums contributed by stockholders in excess of the par value of shares outstanding plus any amounts transferred from undivided profits pursuant to action by the board of directors. (14) "Total voting power" means the entirety of the voting power. (15) "Undivided profits" means paid-in or accumulated net income less distributions to stockholders and transfers to capital stock or surplus. (16) "Voting power" means the right vested by law or by the articles or the bylaws in the stockholder or in one or more classes of stockholder to vote in the determination of any particular question or matter coming before meetings of the stockholders. (17) "Voting power present" means that part of the voting power exercisable by the stockholders present in person or represented by proxy at the meeting at which the stockholders take action on a particular question or matter. (18) "Retained earnings" means the accumulated net income of the mutual state bank since its organization less all distributions to its members. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1997, No. 929, §1.
LA Rev Stat § 6:211 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§211. Incorporation; number of incorporators, application for certificate of authority, filing fee; organization as a limited liability company

RS 211 - Incorporation; number of incorporators, application for certificate of authority, filing fee; organization as a limited liability company A. Only those corporations which organize under the provisions of this Chapter shall be "state banks" under the laws of this state. B. One or more natural persons, the majority of whom must be domiciled in this state, desiring to incorporate and operate a state bank shall file with the commissioner an application for a certificate of authority to operate a state bank upon such form as the commissioner may from time to time prescribe and the articles of incorporation required by R.S. 6:213. At the time of the filing of the application, the commissioner shall collect the filing fee required in R.S. 6:331. C. Notwithstanding Subsections A and B, a person may apply to the commissioner to obtain a certificate of authority to organize and operate as a financial institution under this Title as a limited liability company, if the company is formed to have perpetual existence, centralized management, limited liability, and free transferability of interests. An existing financial institution may apply to the commissioner to change its certificate of authority and reorganize and operate as a limited liability company. The commissioner may promulgate rules to clarify any organizational, operational, or other aspects of financial institutions which choose to operate as limited liability companies. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 2003, No. 361, §1.
LA Rev Stat § 6:212 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§212. Corporate name

RS 212 - Corporate name A. The corporate name of a state bank shall include the word "bank" or a form of that word in any combination with other words. B. Nothing in this Section shall abrogate or limit the law as to unfair competition or unfair practice in the use of trade names nor derogate from the principles of law or the statutes of this state or of the United States with respect to the right to acquire and protect trade names. C. Repealed by Acts 1997, No. 64, §1. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1995, No. 247, §1, eff. June 14, 1995; Acts 1997, No. 64, §1.
LA Rev Stat § 6:214 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§214. Investigation into proposed state bank

RS 214 - Investigation into proposed state bank When an application for a certificate of authority has been filed with the commissioner, he shall conduct an investigation to determine whether the public interest will be served by permitting the organization of the proposed state bank. In making this investigation, the commissioner shall determine whether the character, financial responsibility, and general fitness of the persons named in the application as proposed incorporators, proposed directors, proposed stockholders, and proposed executive officers are such as to command the confidence of the community in which such bank is proposed to be located. The commissioner shall also examine the need for additional banking facilities in the community where the bank is to be located and the ability of the community to support additional facilities. The commissioner may consider such other facts and circumstances bearing on the proposed bank and its relation to the community as he may deem relevant. Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
LA Rev Stat § 6:215 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§215. Capital requirements; additional condition precedent

RS 215 - Capital requirements; additional condition precedent A. The articles of incorporation of a state bank must provide for an amount of capital stock with which the state bank will begin business, which amount may not be less than five hundred thousand dollars. The commissioner may require a greater amount of capital if he reasonably deems it necessary for the safe, sound, and proper operation of the state bank. B. The capital of a mutual state bank shall consist of its retained earnings and such other forms of equity deemed to be qualifying capital by the commissioner. C. One hundred percent of the capital stock shall be paid in full in cash or by contributions of the initial organizers to defray organizational expenses that may have been approved by the commissioner before a certificate of authority may be issued by the commissioner. D. This Section shall not apply to banks organized solely for the purpose of effecting a merger with an existing bank. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1997, No. 929, §1; Acts 2001, No. 915, §1, eff. June 26, 2001.
LA Rev Stat § 6:216 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§216. Certificate of authority; issuance, refusal

RS 216 - Certificate of authority; issuance, refusal A. The commissioner shall issue a certificate of authority to transact banking business as a state bank only upon the fulfillment of the requirements of this Chapter. B. If the commissioner finds that the public interest will not be served by permitting the organization of the proposed state bank, that there is no need for additional banking facilities in the community where the bank is to be located, or that there is a lack of ability within that community to support additional banking facilities, he shall refuse to issue the certificate of authority. C. The commissioner shall not issue a certificate of authority until the proposed bank presents evidence to him that the deposits of the proposed bank will be insured by the Federal Deposit Insurance Corporation. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1985, No. 359, §1, eff. July 9, 1985; Acts 1987, No. 107, §1.
LA Rev Stat § 6:217 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§217. Effect of issuance of certificate of authority, filing requirements

RS 217 - Effect of issuance of certificate of authority, filing requirements A. Upon the issuance of the certificate of authority, the bank shall be duly incorporated and the corporate existence shall begin as of the time when the articles were accepted for filing with the office of financial institutions, except that if the articles of incorporation are filed within five days exclusive of legal holidays after execution thereof, the bank shall be duly incorporated and the corporate existence shall begin as of the time of execution of the articles. B. Upon issuance of the certificate of authority the Office of Financial Institutions shall record the articles of incorporation and the certificate of authority and issue a certificate of incorporation which shall show the date on which corporate existence began. C. A multiple original of the articles, a copy of the certificate of authority, and a copy of the certificate of incorporation shall be filed in the office of the recorder of mortgages of the parish of the main office of the bank within thirty days of the issuance of the certificate of authority. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1999, No. 342, §3; Acts 1999, No. 860, §1, eff. July 2, 1999; Acts 2003, No. 17, §1, eff. May 23, 2003; Acts 2003, No. 60, §1, eff. May 23, 2003.
LA Rev Stat § 6:218 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§218. Expenses of organization and financing

RS 218 - Expenses of organization and financing The charges and expenses of organization of a state bank and the expenses of and compensation for the sale and underwriting of its shares may not be paid or allowed by the state bank out of the consideration received by it in payment for its shares to the extent that such payment constitutes the bank's capital stock. This restriction does not prohibit the payment, with approval of the commissioner, of reasonable charges and expenses out of surplus or undivided profits. Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
LA Rev Stat § 6:219 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§219. Bylaws

RS 219 - Bylaws A. Except as specifically provided in this Chapter and unless the articles provide otherwise, the board of directors of a state bank may make and alter bylaws, including bylaws fixing directors' qualifications, number or term of office, or fixing their compensation, subject to the power of the stockholders to change or repeal any bylaws so made. B. The bylaws may contain any provision relating to the business of the state bank, the conduct of its affairs, its rights or powers, or the rights or powers of its stockholders, directors, or officers not inconsistent with law or the articles. C. No person not an officer or director, dealing with the state bank, shall be charged with constructive notice of the bylaws. Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
LA Rev Stat § 6:220 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§220. Stockholders' agreements

RS 220 - Stockholders' agreements A.(1) Any lawful provision regulating the affairs of a state bank or the rights and liabilities of its stockholders which is not required to be set forth in the articles may be set forth in an agreement among all of the stockholders who would be entitled to vote on the provisions thereof if proposed as an amendment to the articles. (2) Such an agreement shall be binding on all persons who are at the time such agreement is made or who thereafter become stockholders of the state bank. No other person dealing with the state bank shall be charged with constructive notice of such an agreement. (3) Such an agreement may be terminated or modified by amendment at any time in the manner, except that no amendment thereto need be filed or recorded except as provided in Subsection B of this Section, and by the vote which would be required for adoption of an amendment to the articles deleting or similarly modifying the provisions thereof if they had been set forth in the articles, or by such larger vote as may be specified in the agreement. B. A copy of each such agreement and of each amendment thereto or a certified copy of the minutes of the meeting at which the amendment was adopted by vote shall be filed in the state bank's main office and shall be open daily during business hours to the inspection of any stockholder or his attorney, agent, or legal representative. Acts 1984, No. 719, §1, eff. Jan. 1, 1985.
LA Rev Stat § 6:232 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§232. Articles of amendment; contents and filing

RS 232 - Articles of amendment; contents and filing A. After an amendment has been duly adopted as provided in R.S. 6:231, articles of amendment setting forth the amendment, the date and manner of adoption thereof, and the number of shares of each class or series represented at the meeting and voted for and against the amendment shall be executed in the state bank's name by the president, cashier, or any other person thereto authorized by resolution or consent of the stockholders. If the articles of amendment are not executed by the president or cashier, a copy of the resolution or consent of stockholders authorizing the person who executed the article, certified a true copy by the secretary of the board, shall be annexed to the articles of amendment. The articles of amendment shall be acknowledged by the president, cashier, or other authorized person who signed them or may instead be in the form of an authentic act. B. After an amendment has been duly adopted and executed as provided in Paragraph A of this Section, the articles of amendment shall be filed with the office of financial institutions. Articles of amendment may be delivered to the commissioner for filing as of any specified date within thirty days after the date of delivery. The articles of amendment shall be effective as of the date and, if requested, the hour of filing with the commissioner, except that if the articles of amendment were filed within three days, exclusive of legal holidays, after acknowledgment thereof or execution thereof as an authentic act, the amendment shall be effective as of the time of the acknowledgment or execution. C. The articles of amendment shall thereafter be filed for record in the office of the recorder of mortgages of the parish of domicile of the bank. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1999, No. 342, §3; Acts 2003, No. 17, §1, eff. May 23, 2003; Acts 2003, No. 60, §1, eff. May 23, 2003.
LA Rev Stat § 6:233 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§233. Restatement of articles

RS 233 - Restatement of articles A. On authorization of the board of directors, a state bank may execute and file restated articles. Such restated articles shall contain the entire text of the original articles as amended by all amendments thereto except that names and addresses of incorporators and directors may be omitted, and may contain new amendments adopted by a method prescribed in R.S. 6:231 or 6:232, and shall recite: (1) That the restatement accurately copies the articles and all amendments thereto in effect at the date of the restatement without substantive change except as made by any new amendment or amendments contained in the restatement and indicate any such changes. (2) That each amendment has been effected in conformity with law. (3) The date of incorporation and the date of the restatement. (4) Such other information as may be required by R.S. 6:232 if the restatement contains any new amendment. B. The restated articles shall be executed, filed, and recorded in the manner provided for articles of amendment in R.S. 6:232 and shall be effective when filed with the commissioner as of the date and, if endorsed on the restated articles, the hour of filing with him. C. Upon effectiveness of the restated articles, the original articles and all amendments thereto shall be superseded, and the restated articles shall be deemed to be the articles of incorporation of the state bank. Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 1985, No. 359, §1, eff. July 9, 1985.
LA Rev Stat § 6:234 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§234. Special amendment provisions

RS 234 - Special amendment provisions A.(1) If authorized by the articles, the board may establish a series of shares of any class and may adopt an amendment to the articles fixing the preferences, limitations, and relative rights of the shares of any class, or establishing, and fixing variations in relative rights and preferences as between a series of any preferred or special class. Unless otherwise provided in the articles, the number of shares of any such series to which such amendment applies may be increased, but not above the total number of authorized shares of the class, or decreased, but not below the number of shares thereof then outstanding, by an amendment likewise adopted by the board. In case the number of such shares shall be decreased, the number of shares constituting the decrease shall resume the status of authorized but unissued shares. (2) When no shares of any such class or series are outstanding, either because none were issued or because no issued shares of any such class or series remain outstanding, the board may adopt an amendment eliminating from the articles any or all matters set forth in any amendment previously adopted by the board with respect to such class or series. Unless otherwise provided in the articles, if no shares have been issued of a class or series established by an amendment to the articles adopted by the board, and there exists no binding commitment to issue any such shares of such class or series, the preferences, limitations, and relative rights thereof may be amended by a further amendment to the articles adopted by the board. (3) Prior to the adoption of an amendment by the board of directors in accordance with this Section, such amendment shall be submitted to the commissioner for approval in the same manner as provided for in R.S. 6:231. B. In case of an amendment pursuant to Subsection A of this Section, appropriate articles of amendment, reciting the relevant facts and the articles have been amended as provided in this Section shall forthwith be executed, acknowledged, and filed by the proper officers of the state bank in the manner provided in R.S. 6:232. Acts 1997, No. 965, §1; Acts 2001, No. 915, §1, eff. June 26, 2001.
LA Rev Stat § 6:721 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§721. Method of amending articles generally

RS 721 - Method of amending articles generally An association may, in the manner provided for state banks in Part III of Subchapter A of Chapter 3 of this Title, amend and restate its articles of incorporation. Acts 1970, No. 234, §1. Acts 1983, No. 675, §1; Acts 2003, No. 17, §1, eff. May 23, 2003; Acts 2003, No. 60, §1, eff. May 23, 2003; Acts 2003, No. 577, §1, eff. June 27, 2003.
LA Rev Stat § 6:722 (2021)
2021 Louisiana Laws|Revised Statutes|Title 6 - Banks and Banking|§722. §§722 to 730 Repealed by Acts 1970, No. 234, §2.

RS 722 - §§722 to 730 Repealed by Acts 1970, No. 234, §2.