Plain English Breakdown
The official source material does not provide additional details on the specific requirements for confirming an applicant's status as a federally insured bank or credit union, nor does it explain why these institutions need access to death records.
Death Certificates for Financial Institutions
This act allows federally insured banks and credit unions to receive death certificates.
What This Bill Does
- Adds a new part (k) to R.S. 40:41(C)(1), which says that the state registrar can give death certificates to federally insured financial institutions or their authorized agents.
Who It Names or Affects
- Federally insured banks
- Federally insured credit unions
- Authorized agents of federally insured banks or credit unions
Terms To Know
- State registrar
- The official in charge of managing vital records, such as birth and death certificates.
- Federally insured financial institution
- A bank or credit union that is protected by the federal government against losses.
Limits and Unknowns
- The act only applies to federally insured banks and credit unions, not other types of businesses.
- It does not explain why these institutions need access to death certificates.