Louisiana Statutes

§ 17:3454 — Louisiana Universities Marine Consortium for Research and Education; governance,

Louisiana·Title 17 Credit Union Law

§3454. Louisiana Universities Marine Consortium for Research and Education; governance, funding A. The Louisiana Universities Marine Consortium for Research and Education shall be subject to the governance of the Board of Regents. The board shall serve as fiscal agent for the consortium and shall review and approve the consortium's budgetary request and operating budget and shall review and approve all funds appropriately awarded or bequeathed to the consortium. All funds appropriated to the consortium shall be appropriated as a separate line item within the appropriation of the Board of Regents. B. As the governing body of the Louisiana Universities Marine Consortium for Research and Education, the board shall have authority to:

(1)Sue and be sued, including the right to recover all debt

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Legislative History

Added by Acts 1979, No. 557, §1; Acts 1987, No. 386, §1; Acts 1988, No. 993, §2; Acts 1988, No. 995, §2; Acts 1995, No. 1243, §1, eff. June 29, 1995; Acts 2016, No. 314, §1(A).

Nearby Sections

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