LOUISIANA LENDING LAW A Guide for Commercial Lenders and ...

There is also a special Louisiana statute (the Louisiana Advanced Fee Loan Law, La. R.S. §§ 9:3574.1, et seq.) that limits the ability of otherwise non-exempt lenders to charge and collect certain types of fees in advance of the issuance of a binding loan contract. This statute applies to commercial loans, whether or not secured by real ................
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