§ 17:3042 — Legislative findings; purpose

Louisiana § 17:3042

• Jurisdiction: Louisiana
• Title 17: Credit Union Law

Text

§3042. Legislative findings; purpose
A. The legislature finds that there is a critical shortage of teachers in the state and
it is the intent of the legislature to fund an adequate supply of teachers with demonstrated
academic ability. The legislature further finds that funding such a supply of teachers is a
public purpose and, pursuant to Article VII, Section 14 of the Constitution of Louisiana, the
legislature intends to engage in a cooperative endeavor to effectuate such purpose.
B. It is the purpose and intent of this Chapter to provide for loans to eligible
applicants who will obtain degrees from higher education institutions which will qualify
them to become certified classroom teachers within the state. Additionally, the purpose of
such loans shall be to bring about an adequate supply of capable teachers by inducing a
sufficient number of the outstanding graduates of the colleges of this state to remain in
Louisiana to practice teaching in the classroom, thus affording adequate, quality education
to the people of Louisiana.

Legislative History

Added by Acts 1981, No. 934, §1, eff. Aug. 2, 1981; Acts 1986, No. 583, §1, eff. July 2, 1986; Acts 1991, No. 817, §1, eff. July 23, 1991; Acts 1997, No. 476, §1; Acts 2008, No. 652, §4, eff. July 1, 2008.