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Current as of January 01, 2023 | Updated by Findlaw Staff
Except with the prior written approval of the commissioner, a trust company may not have outstanding liabilities exceeding an amount equal to three times its capital. However, the commissioner may impose a lower limit consistent with the safety and soundness of the trust company.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 6, § 621. Borrowing limit - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-6-sect-621/
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