{"data":{"id":"us-la/rs-6-1281","jurisdiction":"us-la","citation":"RS 6:1281","heading":"Sale of assets","body":"A savings bank, in one transaction not in the usual course of business, may sell all or substantially all of its assets, with or without its name and goodwill, to another savings bank, or to any other financial institution, in consideration of money, capital, or obligations of the purchasing institution. A savings bank may sell any office or facility and equipment in conformity with the regulations of the commissioner.","path":["TITLE 6. BANKS AND BANKING"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=105805","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:07Z","sha256":"ba0a8975c108b59e0094db0c5e069136a5499d2c1a7db73410515d90eb2bcc2f","source_id":"us-la","stale":false,"prev":"us-la/rs-6-1280","next":"us-la/rs-6-1282"},"notice":"GroundRules: Original legal text. Not legal advice."}