Louisiana § RS 6:551.9 - Approval or disapproval of application
Full text of Louisiana Louisiana Civil Code § RS 6:551.9 — Approval or disapproval of application, with citation guidance and answers to common questions.
§ RS 6:551.9. Approval or disapproval of application
A. The commissioner may approve or disapprove an application but may not approve an application unless the requirements of this Part relating to the foreign banks are met.
B. The commissioner may disapprove an application if he determines that:
(1) The foreign bank is organized in a country that does not permit banks organized under the laws of this state to undertake activities similar to those described in this Part; or
(2) Granting an application of a foreign bank would be detrimental to the public interest.
Acts 2004, No. 420, §1.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 6:551.9
What does Louisiana Civil Code § RS 6:551.9 cover?
Section RS 6:551.9 ("Approval or disapproval of application") 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 6:551.9?
A common citation format is "Louisiana Civil Code § RS 6:551.9" (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 6:551.9 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.