Louisiana § RS 22:1593 - Definitions

Full text of Louisiana Louisiana Civil Code § RS 22:1593 — Definitions, with citation guidance and answers to common questions.

§ RS 22:1593. Definitions

A.  For the purposes of this Subpart:

(1)  "Financial institution" means a state or national bank or branch thereof which accepts federally insured deposits or makes loans from a place of business located in the state of Louisiana or any subsidiary or employee thereof, or a bank holding company or subsidiary or employee thereof, only if the bank holding company owns or controls a state or national bank or branch thereof which accepts federally insured deposits or makes loans from a place of business located in the state of Louisiana.  The term financial institution does not include a bank which was engaged as an insurance producer on January 1, 1984, or an insurance company.

(2)  The term "insurance" includes all products defined or regulated as insurance.

(3)  "Insurance company" means a company that possesses a certificate of authority to transact insurance business in this state.

(4)  "Person" means any natural person, partnership, corporation, association, business, trust, unincorporated organization, or other form of business enterprise, plural or singular, as the case demands.

Acts 1997, No. 1475, §2, eff. July 15, 1997; Acts 2004, No. 350, §1; Redesignated from R.S. 22:3053 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.

Frequently Asked Questions About Louisiana § RS 22:1593

What does Louisiana Civil Code § RS 22:1593 cover?

Section RS 22:1593 ("Definitions") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 22:1593?

A common citation format is "Louisiana Civil Code § RS 22:1593" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 22:1593 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.