Bill > HB91

This bill amends Louisiana Revised Statute 6:333 to modify the requirements for disclosing financial records by changing references from "business days" to "calendar days" in two key sections. Specifically, the bill adjusts the time periods related to service and bank disclosure, replacing the term "business days" with "calendar days" when calculating the mandatory waiting period before financial records can be disclosed. This means that instead of excluding weekends and holidays when counting days, all days will now be included in the calculation. The bill also clarifies that banks must be given at least thirty calendar days prior to the return date to complete the necessary actions for disclosing financial records. Additionally, the bill reaffirms existing provisions that require the requesting party to reimburse the bank for reasonable fees and costs associated with producing the financial records, including document reproduction, research, processing, personnel, and travel expenses. If there is a disagreement about the amount of fees, the court may hold a hearing to determine the appropriate reimbursement before the bank is required to produce the records.

Business and Industry

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=HB91&sbi=y