§ 6:1421 For purposes of this Chapter, the following words have the following meanings:
§ 6:1422 A. No person shall engage in business as a private education lender in this state without first satisfying the requirements set forth in Subsection B of this Section.
§ 6:1423 The commissioner may enforce the provisions of this Chapter using the commissioner’s authority pursuant to R.S. 6:121.1. Each violation of this Chapter, including any order, rule, or
§ 6:1424 The commissioner shall promulgate rules as are necessary to implement the provisions of this Chapter.

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.