§ 27:259 — Legislative oversight of corporation rules and regulations

Louisiana § 27:259

• Jurisdiction: Louisiana
• Title 27: Louisiana Legislature

Text

§259. Legislative oversight of corporation rules and regulations
A. The president shall transmit and deliver within seven days after
publication in the official journal of the state or the corporation a copy of any
proposed rules and regulations of the corporation to the speaker of the House
of Representatives, the president of the Senate, the chairman of the House of
Representatives Committee on the Administration of Criminal Justice, and the
chairman of the Senate Committee on Judiciary B for their review. The
chairmen of those committees shall review the proposed rules to determine
whether to conduct legislative oversight hearings.
B. Legislative oversight shall be in accordance with the provisions of
R.S. 49:966, except as provided in this Chapter and except that any legislative
committee hearing approving or rejecting any proposed rules or regulations
shall be held within twenty days of receipt of the proposed rules by the
presiding officers of each house of the legislature, and any action by the
governor to disapprove the action of the committee shall be taken within seven
days of receipt of the report of the committee by the governor.
C. For the purposes of this Section and legislative oversight, the
articles of incorporation, bylaws, and rules of procedure of the corporation
shall constitute rules subject to legislative oversight.

Legislative History

Acts 1992, No. 384, §1, eff. June 18, 1992. Redesignated from R.S. 4:659 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996.