No corporation organized under the provisions of this Chapter shall lend money to any person engaged in the business of lending money to any other person for profit.
La. R.S. 51:1107
Lending power; limitation
Known as the Venture Capital Network Law
The act spans §§ 51–51 (16 sections).
Acts 1962, No. 434, §7.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.