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Form a Business

Borrowing limit

La. R.S. 6:621
in effect
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6:621. Borrowing limit Except with the prior written approval of the commissioner, a trust company may not have outstanding liabilities exceeding an amount equal to three times its capital. However, the commissioner may impose a lower limit consistent with the safety and soundness of the trust company. Acts 2003, No. 573, §1, eff. June 27, 2003.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=207749Fetched: 10/20/2026

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