Use of multiple agreements

La. Rev. Stat. § 6:969.24, under Banks and Banking.

La. Rev. Stat. § 6:969.24

§969.24. Use of multiple agreements An extender of credit shall not divide a consumer loan into multiple agreements for the purpose of obtaining a higher loan finance charge than would otherwise be permitted. Acts 1999, No. 794, §1, eff. July 2, 1999.