The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Linda Nugent.
DIGEST
SB 144 Original 2016 Regular Session Martiny
Present law, relative to a state bank holding immovable property, provides for the method of
accounting for the property on the bank's books. Proposed law requires that the property be
accounted for in accordance with generally accepted accounting principles (GAAP).
Effective August 1, 2016.
(Amends R.S. 6:243(B)(1) and (2)(a) and (b))