{"data":{"id":"us-la/rs-6-969.3","jurisdiction":"us-la","citation":"RS 6:969.3","heading":"Exclusions","body":"A. Except as provided in Subsection B of this Section, this Chapter does not apply to any of the following:\n(1) Extensions of credit to business entities, including government or governmental agencies or instrumentalities.\n(2) Extensions of credit primarily for business, commercial, or agricultural purposes.\n(3) Open-end credit transactions, including without limitation, revolving loan and lender credit card transactions that may involve the secured purchase money financing of a motor vehicle.\n(4) Consumer credit transactions subject to the Louisiana Consumer Credit Law, R.S. 9:3510 et seq.\n(5) Credit transactions by federally and state-chartered credit unions to their members.\n(6) Federally related mortgage loans subject to R.S. 9:3503 et seq. and 12 U.S.C. 1735F(7).\nB. All persons financing the purchase or acquisition of a motor vehicle, irrespective of whether the transaction otherwise is subject to this Chapter, shall comply with the requirements of R.S. 32:1251 et seq. and the rules and regulations of the Louisiana Motor Vehicle Commission pertaining to advertising.","path":["TITLE 6. BANKS AND BANKING"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=106299","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:03Z","sha256":"433259a4eb2c1c7139cf43f7a561b2d8e46b3c9d66db974f50329be82dae8ddc","source_id":"us-la","stale":false,"prev":"us-la/rs-6-969.2","next":"us-la/rs-6-969.4"},"notice":"GroundRules: Original legal text. Not legal advice."}