§ 6:391 Commencement of receivership; confirmation of receiver
§ 6:392 Emergency sale of assets; purchase and assumption of assets
§ 6:393 Notice to creditors and depositors
§ 6:394 Payment of claims
§ 6:394.1 Right of set-off
§ 6:395 Distribution of assets
§ 6:396 Termination of executory contracts
§ 6:397 Subrogation to rights of bank depositors
§ 6:398 Liquidation procedures involving trust assets
§ 6:399 Destruction of records
§ 6:400 Discharge of receiver
§ 6:401 Exclusive procedures

Terms Used In Louisiana Laws > Revised Statutes > Title 6 > Chapter 3 > Subchapter C > Part II

  • Applicant: means any local governing authority requesting a loan from or completing an application form to apply for  a loan under the Rural Development Loan Program. See Louisiana Revised Statutes 6:387
  • Articles: means the original articles of incorporation and all amendments thereto including those contained in merger agreements or, if restated, the latest restatement thereof except in those instances in which the context refers expressly to the original articles of incorporation only. See Louisiana Revised Statutes 6:201
  • Assets: means all of a state bank's property and rights of every kind. See Louisiana Revised Statutes 6:201
  • Capital: means the sum of capital stock, surplus, and undivided profits or, as to mutual state banks, as defined by R. See Louisiana Revised Statutes 6:201
  • Commissioner: means the Louisiana commissioner of agriculture and forestry. See Louisiana Revised Statutes 6:401
  • Conservator: means the commissioner or his designee. See Louisiana Revised Statutes 6:381
  • Department: means the Louisiana Department of Agriculture and Forestry. See Louisiana Revised Statutes 6:401
  • Director: means the chief administrative officer of the state office of rural development. See Louisiana Revised Statutes 6:387
  • FDIC: means the Federal Deposit Insurance Corporation, and includes any successor to the corporation or other agency or instrumentality of the United States which may undertake to discharge the purposes of the corporation. See Louisiana Revised Statutes 6:381
  • Federal agency: means any department, office, council, or agency of the federal government, or any public benefit corporation or authority authorized by federal statute. See Louisiana Revised Statutes 6:387
  • Fiduciary: means any person, firm, partnership, association, or state bank, including a usufructuary, who or which occupies a position of peculiar confidence toward any person, firm, association, partnership, trust, or estate. See Louisiana Revised Statutes 6:201
  • Office: means the state office of rural development created by this Chapter. See Louisiana Revised Statutes 6:387
  • property: means immovable property, including servitudes and other rights in or to immovable property, and any electric light, gas or waterworks plants. See Louisiana Revised Statutes 6:371
  • property: means any portion of immovable property, including servitudes and other rights in or to immovable property, where there are no buildings or structures for support or shelter. See Louisiana Revised Statutes 6:397
  • Receiver: means the person liquidating a state bank pursuant to Part II of this Subchapter. See Louisiana Revised Statutes 6:381
  • Receivership court: means the district court for the parish in which the state bank is domiciled. See Louisiana Revised Statutes 6:381
  • Rural areas: means parishes within the state having less than one hundred thousand population, or municipalities within the state having less than thirty-five thousand population, and the  unincorporated areas of a parish with a population of over one hundred thousand. See Louisiana Revised Statutes 6:387
  • Rural development and revitalization: means those policies, programs, laws, regulations, or other matters having to do with rural areas, including but not limited to economic development, employment, local government services and management, business, agriculture, environment, land use and natural resources, human services and community life, health care, education, transportation, community facilities, and housing. See Louisiana Revised Statutes 6:387