{"data":{"id":"us-la/rs-6-412","jurisdiction":"us-la","citation":"RS 6:412","heading":"Unauthorized use of the word \"bank\" or similar words","body":"A. It shall be unlawful for any person other than a bank to:\n(1) Use the word \"bank\", \"banker\", \"banking\", \"trust\", \"trustee\", \"trust company\", or any other word of similar import as part of its name or title, except that a trust created and operated pursuant to the provisions of the Louisiana Trust Code as contained in R.S. 9:1721 et seq., and a real estate investment trust authorized under the provisions of R.S. 12:491 et seq., may use the word \"trust\" as part of its name or title, and a trust company created and operated pursuant to the Louisiana Trust Company Law as contained in R.S. 6:571 et seq. shall use only the words \"trust\", \"trustee\", or \"trust company\" as part of its name or title;\n(2) Make use of any office sign at the place where the business is transacted having thereon any words indicating that the place or office is that of a bank;\n(3) Make use of or circulate any written, printed, or partly written and partly printed paper heading thereon any words indicating that the business is that of a bank; or\n(4) Otherwise purport or represent to the public that that person is a bank or is engaged in the business of banking as a bank.\nB. Whoever violates this Section shall be fined not more than one thousand dollars a day for each day or part of a day during which the violation continues.\nC. Nothing in this Section shall be construed to prevent the use of the words \"bank\", \"banks\", \"banker\", \"bankers\", \"banking\", or any similar word in a context clearly not purporting to refer to a general banking business.\nD. Nothing in this Section shall be construed to prevent the use of the word \"trust\", \"trustee\", \"trust company\" or any word of similar import as part of a name or title in a context clearly not purporting to refer to engaging in a general trust, trustee, or trust company business.","path":["TITLE 6. BANKS AND BANKING"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=105978","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:48:56Z","sha256":"85773023c78aeab0dd4af531f85e637b7239cd6451bd479dbd5d4536ac317212","source_id":"us-la","stale":false,"prev":"us-la/rs-6-411","next":"us-la/rs-6-412.1"},"notice":"GroundRules: Original legal text. Not legal advice."}
