Who may hold capital
La. R.S. 6:1205
in effect6:1205. Who may hold capital
Capital stock of a savings bank may be held:
(1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals;
(2) By a fiduciary when authorized by law;
(3) By a government or governmental instrumentality when authorized by law; and
(4) By any corporation or other person when not prohibited by law.
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=105744Fetched: 10/20/2026