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LA HB91

Bill

Status

Passed

6/4/2025

Primary Sponsor

Polly Thomas

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Amends R.S. 6:333 to change the notice period for bank financial record disclosure demands from thirty "business" days to thirty "calendar" days prior to the return date

  • Requires the person requesting financial records to provide the bank with an affidavit certifying service was made at least 30 calendar days before the return date

  • Banks must be given at least 30 calendar days prior to the return date to complete actions necessary to disclose requested financial records

  • Banks must be reimbursed for reasonable fees and costs before disclosing records, including document reproduction, research, processing, personnel, and travel expenses

  • If the bank and requesting party disagree on reimbursement amounts, the bank may withhold records until a court fixes the payment amount

Legislative Description

Provides relative to disclosure of financial records

BANKS/BANKING

Last Action

Effective date: 08/01/2025.

6/4/2025

Committee Referrals

Commerce, Consumer Protection, and International Affairs4/29/2025
Commerce3/20/2025

Full Bill Text

No bill text available