BANKS/BANKING: Provides relative to the name of a bank. (gov sig)
SB 175 allows FDIC-insured banks operating in Louisiana to use a trade or assumed name (like a brand name) alongside their official corporate name, as long as the corporate name is clearly displayed. It specifically permits banks to include terms like "trust" or "trustee" in their name without implying they offer full trust services, as long as the context makes this clear. This bill directly affects banks seeking to use alternative naming for marketing or branding while complying with state and federal requirements. The law would take effect upon the governor's signature or legislative approval if vetoed.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
Senate Passage
Apr 2026
House Passage
Governor
Introduced Feb 25, 2026
Last action Apr 7, 2026
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
1
Apr 7, 2026
Upper · Passed
Title of substitute read and adopted; becomes Senate Bill No. 521.
upper
Mar 9, 2026
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Commerce, Consumer Protection and International Affairs.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Gerald Boudreaux
DDemocratic
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