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La. Rev. Stat. § 6:1003 (2026)

License; certificates

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§1003.  License; certificates

Beginning January 1, 2000, a person engaging in currency exchange shall obtain a license from the commissioner. A person may engage in such business at more than one location with one license.  The commissioner shall issue a certificate for each currency exchange location in addition to the license.

Acts 1999, No. 1208, §1, eff. July 9, 1999.

Notes of Decisions
Cited in 3 cases, 1965–1983 · leading case: Whitney Nat'l Bank in Jefferson Par. v. Bank of New Orleans & Trust Co., 379 U.S. 411 (1965).
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Whitney Nat'l Bank in Jefferson Par. v. Bank of New Orleans & Trust Co., 379 U.S. 411 (1965). · cites it 2× “275 of 1962, La. Rev. Stat. § 6:1003 (5) (1962 Supp.), provides that "It shall be unlawful .”
Whitney Nat'l Bank in Jefferson Par. v. James, 189 So. 2d 430 (La. Ct. App. 1966). · cites it 3× “" We hold, therefore, petitioners acquired no vested rights pursuant to the order of May 3, 1962, which could relieve Whitney-Jefferson of the effect of LSA-R.S. 6:1003. *443 The argument that the statute is void as an ex post facto law if applied to appellant Whitney-Jefferson,…”
Vial v. First Com. Corp., 564 F. Supp. 650 (E.D. La. 1983). “At first blush, the “phantom bank” procedure might appear to violate R.S. 6:1003(3) or (4). Since the merger act is later legislation one may simply conclude that the later expression of the legislature will take precedence and that the conflicting provisions of the Bank Holding…”
La. Rev. Stat. § 6:1003(3): 1 case
Vial v. First Com. Corp., 564 F. Supp. 650 (E.D. La. 1983). “At first blush, the “phantom bank” procedure might appear to violate R.S. 6:1003(3) or (4). Since the merger act is later legislation one may simply conclude that the later expression of the legislature will take precedence and that the conflicting provisions of the Bank Holding…”
La. Rev. Stat. § 6:1003(5): 1 case
Whitney Nat'l Bank in Jefferson Par. v. James, 189 So. 2d 430 (La. Ct. App. 1966). “" We hold, therefore, petitioners acquired no vested rights pursuant to the order of May 3, 1962, which could relieve Whitney-Jefferson of the effect of LSA-R.S. 6:1003. *443 The argument that the statute is void as an ex post facto law if applied to appellant Whitney-Jefferson,…”
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