Who may hold capital

La. Rev. Stat. § 6:1205, under Banks and Banking.

La. Rev. Stat. § 6:1205

§1205. Who may hold capital Capital stock of a savings bank may be held: (1) By any individual in his own right, regardless of age or marital status, or by two or more such individuals; (2) By a fiduciary when authorized by law; (3) By a government or governmental instrumentality when authorized by law; and (4) By any corporation or other person when not prohibited by law. Acts 1990, No. 816, §1, eff. Sept. 1, 1990.