Louisiana § RS 6:852 - Branch office

Full text of Louisiana Louisiana Civil Code § RS 6:852 — Branch office, with citation guidance and answers to common questions.

§ RS 6:852. Branch office

A.  A branch office is a legally established place of business of the association, other than the home office, authorized by the board of directors and approved by the commissioner.

B.  Each association shall be operated from the home office.  All branch offices shall be subject to direction from the home office.

C.(1)  No association may establish or maintain a branch office without the prior written approval of the commissioner.  Subject to such written approval, a branch office may be established or maintained at any point within the state.  Each application for approval of the establishment and maintenance of a branch office shall be in the manner and in the form required by the commissioner.

(2)  To determine whether to grant a certificate of authority for the establishment of a proposed branch office, the commissioner shall consider:

(a)  The financial history and condition of the applicant.

(b)  The distribution and adequacy of the capital structure of the applicant.

(c)  The future earning prospects of the applicant.

(d)  The management of the applicant.

(e)  The convenience and needs of the community or area in which the proposed branch office is to be located and the ability of that community or area to support additional facilities.

(f)  The corporate powers of the applicant.

(g)  Any factors required by rule to be considered.

(3)  If the commissioner finds, after consideration, that the public interest will not be served by permitting the establishment of the proposed branch office, he shall refuse to issue the certificate of authority.

Acts 1970, No. 234, §1; Acts 1983, No. 675, §1; Acts 1988, No. 145, §1, eff. June 29, 1988; Acts 1992, No. 66, §1, eff. Sept.  1, 1992.

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

Frequently Asked Questions About Louisiana § RS 6:852

What does Louisiana Civil Code § RS 6:852 cover?

Section RS 6:852 ("Branch office") 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 6:852?

A common citation format is "Louisiana Civil Code § RS 6:852" (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 6:852 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.