- A. An approved office of the subsidiary mortgage corporation shall not be considered a branch of a parent bank if no banking functions other than those listed in §503 are performed by the subsidiary mortgage corporation at that location.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 6:237(B).
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Commerce, Office of Financial Institutions, LR 7:484 (October 1981), amended LR 13:740 (December 1987).