1. A. An association or combination of associations may establish a service organization or purchase capital stock, obligations or other securities of such a service organization organized under the laws of the state of Louisiana subject to prior approval in writing of the commissioner.

Authority Note

AUTHORITY NOTE: Promulgated in accordance with R.S. 6:902(B).

Historical Note

HISTORICAL NOTE: Promulgated by the Department of Commerce, Office of Financial Institutions, LR 6:541 (September 1980).