Louisiana § RS 6:211 - Incorporation; number of incorporators, application for certificate of authority, filing fee; organization as a limited liability company

Full text of Louisiana Louisiana Civil Code § RS 6:211 — Incorporation; number of incorporators, application for certificate of authority, filing fee; organization as a limited liability company, with citation guidance and answers to common questions.

§ RS 6:211. Incorporation; number of incorporators, application for certificate of authority, filing fee; organization as a limited liability company

A.  Only those corporations which organize under the provisions of this Chapter shall be "state banks" under the laws of this state.

B.  One or more natural persons, the majority of whom must be domiciled in this state, desiring to incorporate and operate a state bank shall file with the commissioner an application for a certificate of authority to operate a state bank upon such form as the commissioner may from time to time prescribe and the articles of incorporation required by R.S. 6:213.  At the time of the filing of the application, the commissioner shall collect the filing fee required in R.S. 6:331.

C.  Notwithstanding Subsections A and B, a person may apply to the commissioner to obtain a certificate of authority to organize and operate as a financial institution under this Title as a limited liability company, if the company is formed to have perpetual existence, centralized management, limited liability, and free transferability of interests.  An existing financial institution may apply to the commissioner to change its certificate of authority and reorganize and operate as a limited liability company.  The commissioner may promulgate rules to clarify any organizational, operational, or other aspects of financial institutions which choose to operate as limited liability companies.

Acts 1984, No. 719, §1, eff. Jan. 1, 1985; Acts 2003, No. 361, §1.

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 6:211

What does Louisiana Civil Code § RS 6:211 cover?

Section RS 6:211 ("Incorporation; number of incorporators, application for certificate of authority, filing fee; organization as a limited liability company") 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 6:211?

A common citation format is "Louisiana Civil Code § RS 6:211" (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 6:211 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.