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LA HB241

Bill

Status

Introduced

2/20/2026

Primary Sponsor

Polly Thomas

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Replaces the defunct federal Office of Thrift Supervision with the Consumer Financial Protection Bureau in the definition of "supervisory agency" authorized to receive bank financial record disclosures

  • Updates the Code of Civil Procedure article references for service of disclosure demands from Articles 1231-1265 to Articles 1231-1267, expanding service methods to include limited liability companies

  • Allows service of disclosure demands on customers to be made by any non-party individual at least 18 years of age, rather than requiring the sheriff

  • Permits service on a customer or their counsel of record within or outside Louisiana

Legislative Description

Provides changes to the disclosure of financial records law

BANKS/BANKING

Last Action

Read by title, under the rules, referred to the Committee on Commerce.

3/9/2026

Committee Referrals

Commerce2/20/2026

Full Bill Text

No bill text available