Each principal of a loan originator or broker may be sanctioned for actions by the loan originator or broker, including its agents or employees, engaged in during the course of business of the loan originator or broker.
La. R.S. 9:3574.4
Responsibility of principals
Known as the Louisiana Consumer Credit Law
The act spans §§ 9–9 (177 sections).
Acts 1992, No. 346, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.