Louisiana Statutes

§ 17:1924 — Purposes and powers of the center

Louisiana·Title 17 Credit Union Law

The governance board of the center shall have authority to:

(1)Sue and be sued, including the right to recover all debts owing to the center, and to retain legal counsel therefor.
(2)Actively seek and accept donations, bequests, and other forms of financial assistance for educational and research purposes from any public or private person or agency and comply with rules and regulations governing grants from the federal government or any other person or agency which are not in contravention of the constitution and laws of the state.
(3)Purchase and maintain equipment and make improvements to facilities necessary for the use of the center.
(4)Approve the appointment of such administrative officers and other personnel as the governance board deems necessary and designate their titles. The

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Legislative History

Acts 2002, 1st Ex. Sess., No. 41, §1.

Nearby Sections

15
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