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LA SB175
Bill
Status
Introduced
2/25/2026
Primary Sponsor
Gerald Boudreaux
Click for details
AI Summary
- FDIC-insured depository institutions operating in Louisiana may use a trade or assumed name different from their corporate name or title
- The corporate name must be used together with the trade or assumed name and comply with applicable federal laws and regulations
- Use of words like "trust," "trustee," or "trust company" remains permitted when not purporting to refer to engaging in general trust business
- Amends R.S. 6:412(D) and adds R.S. 6:412(E) to Louisiana banking law
- Effective upon signature by the governor or lapse of time for gubernatorial action
Legislative Description
Provides relative to the name of a bank. (gov sig)
BANKS/BANKING
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Commerce, Consumer Protection and International Affairs.
3/9/2026
Committee Referrals
Commerce, Consumer Protection, and International Affairs2/25/2026
Full Bill Text
No bill text available