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Form a Business

Loans

La. R.S. 12:499.11
in effect
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12:499.11. Loans Any institution supervised either by the commissioner of financial institutions or the commissioner of insurance may make loans secured by pledge of a proprietary lease and the appurtenant stock of a cooperative housing corporation upon the same terms and with the same limitations as loans secured by mortgages on real property. Acts 1990, No. 857, §1.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=76575Fetched: 10/20/2026

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