Louisiana Statutes
§ 27:245 — Receivership, bankruptcy; continued suitability
Louisiana § 27:245
JurisdictionLouisiana
Title 27Louisiana Legislature
This text of Louisiana § 27:245 (Receivership, bankruptcy; continued suitability) 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.
Bluebook
La. Stat. Ann. § 27:245 (2026).
Text
A.The board shall have the right to set aside or renegotiate the provisions of any casino operating contract of a casino operator who is voluntarily or involuntarily placed in bankruptcy, receivership, conservatorship, or similar status. The corporation may agree in writing to allow the casino operator to be placed in bankruptcy, receivership, conservatorship, or other similar status without setting aside, revoking, or renegotiating the casino operating contract.
B.As a condition of entering into a casino operating contract pursuant to the provisions of this Chapter, the casino gaming operator agrees to maintain his suitability at all times during the existence of the contract.
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Related
Jordan v. Louisiana Gaming Control Bd.
712 So. 2d 74 (Supreme Court of Louisiana, 1998)
Jordan v. Louisiana Gaming Control Board
712 So. 2d 959 (Louisiana Court of Appeal, 1998)
Legislative History
Acts 1992, No. 384, §1, eff. June 18, 1992. Redesignated from R.S. 4:645 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996.
Nearby Sections
15
§ 27:201
§ 27:201§ 27:203
Official gaming establishment§ 27:205
Definitions§ 27:206
Venue in civil proceedings§ 27:210
§ 27:210§ 27:212
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Bluebook (online)
Louisiana § 27:245, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/27%3A245.