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Financial Services Law Insights and Observations

Louisiana Commissioner of Financial Institutions extends several Covid measures until mid-May

State Issues Covid-19 Louisiana SBA Bank Charter

State Issues

On April 30, Louisiana’s Commissioner of Financial Institutions issued an emergency declaration extending several prior Covid-19 related measures until May 15 (previously covered here, here, and here). The extensions pertain to lending limits for the SBA’s PPP program, changes in branch operations, and annual meetings for state-chartered financial institutions.