Louisiana Revised Statutes > Title 6 > Chapter 24 – Private Student Loan Registry
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Terms Used In Louisiana Revised Statutes > Title 6 > Chapter 24 - Private Student Loan Registry
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- institution-affiliated party: means :
(1) A director, officer, employee, agent, or controlling stockholder of a savings bank operating under this Chapter. See Louisiana Revised Statutes 6:1335
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.