2019 Regular Session ENROLLED
SENATE BILL NO. 150
BY SENATOR THOMPSON
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
1 AN ACT
2 To enact R.S. 6:412(D), relative to the unauthorized use of certain terms as part of a name
3 or title; to provide exceptions; and to provide for related matters.
4 Be it enacted by the Legislature of Louisiana:
5 Section 1. R.S. 6:412(D) is hereby enacted to read as follows:
6 ยง412. Unauthorized use of the word "bank" or similar words
7 * * *
8 D. Nothing in this Section shall be construed to prevent the use of the
9 word "trust", "trustee", "trust company" or any word of similar import as part
10 of a name or title in a context clearly not purporting to refer to engaging in a
11 general trust, trustee, or trust company business.
12 Section 2. This Act shall become effective upon signature by the governor or, if not
13 signed by the governor, upon expiration of the time for bills to become law without signature
14 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
15 vetoed by the governor and subsequently approved by the legislature, this Act shall become
16 effective on the day following such approval.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
ACT No. 190
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.