Louisiana Statutes
§ 17:3024 — Acceptance and use of funds
Louisiana·Title 17 Credit Union Law
§3024. Acceptance and use of funds
The board shall accept any contributions or subsidies made to it from state funds and
shall use the funds to meet administrative expenses for any of its purposes and to provide a
reserve fund to guarantee loans made pursuant to the provisions of this Chapter and to pay
interest on guaranteed loans, as provided by R.S. 17:3023.
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Legislative History
Acts 1978, No. 135, §2; Acts 1995, No. 713, §1; Acts 2016, No. 314, §3(A).
Nearby Sections
15
§ 17:3001
Declaration of policy§ 17:3002
Definitions§ 17:3003
Authorization for employment§ 17:3004
Selection and responsibility§ 17:3023
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