Plain English Breakdown
The official source material does not provide additional details on why these institutions need death certificates.
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 financial institutions such as banks and credit unions
- The state registrar responsible for issuing death certificates
Terms To Know
- state registrar
- A person in charge of keeping important records, like birth and death certificates, at the state level.
- federally insured financial institution
- A bank or credit union that is protected by federal government insurance to protect customers' money.
Limits and Unknowns
- The act only allows federally insured banks and credit unions, not other types of businesses.
- It does not explain why these institutions need death certificates.