La. Admin. Code tit. 10 § XV-1901
Acting in Concert-persons knowingly acting together with a common goal of jointly acquiring control of a licensee whether or not pursuant to an express agreement.
Commissioner-the commissioner of the office of financial institutions.
Control-includes, but is not limited to the following:
Nationwide Multistate Licensing System and Registry (NMLS)-the multistate system developed by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators and owned and operated by the State Regulatory Registry, LLC, or any successor or affiliated entity, for the licensing and registration of persons in financial services industries.
Net Worth-the difference between total business assets and total business liabilities, after deducting estimated income taxes on the differences between the estimated current values of business assets and the current amounts of business liabilities and their tax bases.
Tangible Net Worth-includes all business assets minus liabilities minus intangible assets (goodwill and other intangible assets, such as favorable leasehold rights, trademarks, trade names, internet domain names, and noncompete agreements.)
Unfair or Deceptive Act or Practice-failure to provide any disclosure or disclosures described in this Chapter is an unfair or deceptive act or practice by a licensee, registrant, or person that is neither a licensee nor registrant but is engaging in virtual currency business activity or activities, pursuant to R.S. 6:1393(3)(b).
Unsafe or Unsound Act or Practice-inability of any applicant, licensee or registrant to meet its withdrawal requests; violation of the applicant's, licensee's or registrant's articles of incorporation; or violation of any law or any regulation governing the applicant, licensee or registrant.
La. Admin. Code tit. 10, § XV-1901