Louisiana § RS 37:2582 - Definitions
Full text of Louisiana Louisiana Civil Code § RS 37:2582 — Definitions, with citation guidance and answers to common questions.
§ RS 37:2582. Definitions
As used in this Chapter:
(1) "Financial Planning and Management Service" means the planning and management of the financial affairs of an individual, and distribution of money to the creditors thereof, or acting as the agent of an individual in the distribution of his income to his creditors, whether or not the person so acting receives a fee or charge for such services. Any person, partnership, association or corporation so engaged shall be deemed to be rendering "financial planning and management service".
This term shall not be deemed to include the following when engaged in the regular course of their respective business and professions:
(a) Attorneys at law;
(b) Banks, fiduciaries, financing and lending institutions as duly authorized and admitted to transact business in the State of Louisiana and performing credit and financial adjusting service in the regular course of their principal business;
(c) Title insurers and abstract companies, while doing an escrow business;
(d) Employees of licensees under this Chapter;
(e) Judicial officers or others acting pursuant to court order;
(f) Nonprofit organizations giving debt management service;
(g) Employers for their employees;
(h) Associations for their members.
(2) "Director" means director of the Division of Occupational Standards.
(3) "Individual" means the person or persons for whom the credit of financial adjusting service is performed.
(4) "Person" means any individual, firm partnership, association or corporation.
Nothing in this Chapter shall be construed to permit persons engaged in the planning and management of the financial affairs of an individual as defined in this Chapter and required to secure a license under this Chapter to engage in the practice of law.
Acts 1970, No. 423, §2.
Frequently Asked Questions About Louisiana § RS 37:2582
What does Louisiana Civil Code § RS 37:2582 cover?
Section RS 37:2582 ("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 37:2582?
A common citation format is "Louisiana Civil Code § RS 37:2582" (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 37:2582 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.