RDCSB144 3264 2968
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Linda Nugent.
DIGEST
SB 144 Engrossed 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))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Commerce to the
engrossed bill:
1. Make technical corrections.
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