Louisiana Revised Statutes 6:1084 – Prohibition
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Terms Used In Louisiana Revised Statutes 6:1084
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: means any individual, firm, corporation, partnership, association, trust, or legal or commercial entity, or other group of individuals however organized. See Louisiana Revised Statutes 6:1083
- State: means any state of the United States, the District of Columbia, or any territory of the United States including Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands. See Louisiana Revised Statutes 6:1083
No person, directly or indirectly, shall engage in a residential mortgage lending activity in this state without complying with the provisions of this Chapter or the rules or regulations promulgated pursuant to this Chapter.
Acts 1999, No. 1098, §1, eff. July 9, 1999.