LAC 19:VII.7225

LAC 19:VII.7225. Available Collateral, Guarantees and Other Security Not Realized

Last amended: 2000Year: 2026Length: 56 wordsOfficial source

Cite as La. Admin. Code tit. 19, pt. VII, § 7225

A. After LEDC has paid a loss claim to the lender from the loss reserve account, and the lender has terminated its lending relationship with the borrower, the lender shall, at LEDC's request, provide LEDC with details and copies of any collateral, guarantee, or other security documents which secured the qualified loan and which remain available.
LAC 19:VII.7225: LAC 19:VII.7225. Available Collateral, Guarantees and Other Security Not Realized | Justis AI