1. Financial Institution may comply with R.S. 9:5169-5171 or |
2. An act, of a licensed financial institution executed before a notary public, declaring the following: (Form RFC 3)
a. Institution was the obligee or authorized agent at the time the obligation was extinguished (or)
b. Institution is the obligee or authorized agent of the obligee (and)
c. That the obligation has been paid or otherwise satisfied or extinguished and directs the recorder to cancel its recordation
| NOTE: A financial institution, in lieu of filing a separate "request for cancellation" may combine it in one form | NOTE: A licensed financial institution is any person licensed or regulated by La. Office of Financial Institutions, or any bank, credit union, lending agency, or other person conducting such a business that is licensed or regulated by another state or U.S. |
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