Each licensee shall remit the funds received by it, less the amount withheld for fees and charges as hereinabove provided, to the creditors promptly after receipt of funds.
La. R.S. 37:2594
Licensee to remit to creditors
Known as the Financial Planning and Management Service Law
The act spans §§ 37–37 (43 sections).
Acts 1970, No. 423, §14.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.