This text of Louisiana § 17:3369.2 (Definitions) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
§3369.2. Definitions
As used in this Part, the following words shall have the following meanings unless
the context clearly indicates otherwise:
(1)"Annual appropriation dependency clause" means a clause which shall be
included in any financing arrangement which provides that if, after a diligent and good faith
effort by the state to appropriate funds for the payment of sums due under a financing
agreement, the funds are not appropriated, the agreement shall be terminated, and the state
shall not be liable for the payment of further sums due thereunder.
(2)"Board" means the Board of Supervisors of Southern University and Agricultural
and Mechanical College, the Board of Supervisors for the University of Louisiana System,
the Board of Supervisors of Louisiana State University and Agricult
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§3369.2. Definitions
As used in this Part, the following words shall have the following meanings unless
the context clearly indicates otherwise:
(1) "Annual appropriation dependency clause" means a clause which shall be
included in any financing arrangement which provides that if, after a diligent and good faith
effort by the state to appropriate funds for the payment of sums due under a financing
agreement, the funds are not appropriated, the agreement shall be terminated, and the state
shall not be liable for the payment of further sums due thereunder.
(2) "Board" means the Board of Supervisors of Southern University and Agricultural
and Mechanical College, the Board of Supervisors for the University of Louisiana System,
the Board of Supervisors of Louisiana State University and Agricultural and Mechanical
College, or the Board of Supervisors of Community and Technical Colleges.
(3) "Corporation" means a nonprofit corporation which may be utilized to
accomplish the purposes of this Part. The term "corporation" shall also include a limited
liability company whose sole member is a nonprofit corporation.
(4) "Project" means improvements addressing deferred maintenance of public
facilities including the complete renovation of buildings with significant deferred
maintenance needs; utility infrastructure; drainage, street, sidewalk, and site infrastructure;
the demolition of public facilities; and any other improvements to address deferred
maintenance needs, to be financed as authorized and provided in this Part and R.S. 17:3361
et seq. The term "project" shall not include new buildings or building additions, other than
minor additions required for code compliance or improved access to a public facility.
(5) "Public facility" or "public facilities" means buildings, equipment, utilities, site
components, roads, and streets, and other permanent property or immovable property of the
system under the supervision and control of the board.
(6) "System" means the Louisiana State University System, the University of
Louisiana System, the Southern University System, or the Louisiana Community and
Technical College System.