- A. The name of the subsidiary mortgage corporation shall not contain the word "bank" nor shall the subsidiary's operations, logo, advertising or marketing suggest that the subsidiary is an agent of the parent bank or bank holding company or that the parent is responsible for the liabilities of the subsidiary.
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).