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Bill > HB241


LA HB241

LA HB241
Provides changes to the disclosure of financial records law


summary

Introduced
02/20/2026
In Committee
02/20/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

AN ACT To amend and reenact R.S. 6:333(A)(12)(g) and (D), relative to the organization and operation of state banks; to provide for definitions; to provide for service of disclosure demands; and to provide for related matters.

AI Summary

This bill modifies Louisiana law regarding the disclosure of financial records, specifically concerning state banks. It updates the definition of a "Supervisory agency" by replacing the "federal Office of Thrift Supervision" with the "Consumer Financial Protection Bureau," which is a federal agency that oversees financial products and services. Additionally, the bill revises the procedures for serving a disclosure demand, which is a formal request for financial information, on a customer or their legal representative. The changes allow for service to be made using any method authorized by the Code of Civil Procedure, including specific articles related to serving legal documents, and permit individuals over eighteen years old to serve these demands instead of solely relying on the sheriff, while also clarifying how service can be made on a customer's attorney.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

First appeared in the Interim Calendar on 2/20/2026. (on 02/20/2026)

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