Louisiana § 33:9022 Definitions

Louisiana Statutes

§ 33:9022 — Definitions

Louisiana·Title 33 Municipalities and Parishes

§9022. Definitions The following terms, whenever used or referred to in this Chapter, shall have the following meaning unless a different meaning is otherwise clearly indicated in the context:

(1)"Cooperative development" means any method of cooperative development or redevelopment between and among the state, its local governmental subdivisions, political corporations, public benefit corporations, the United States or its agencies, or any public or private association, corporation or individual. Said methods shall include any number of joint development agreements such as condominiums and cooperative ownership limited partnerships and investment syndicates.

(2)"Cooperative endeavors" means any form of economic development assistance between and among the state, its local governmental su

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§9022. Definitions
The following terms, whenever used or referred to in this Chapter, shall have the
following meaning unless a different meaning is otherwise clearly indicated in the context:
(1) "Cooperative development" means any method of cooperative development or
redevelopment between and among the state, its local governmental subdivisions, political
corporations, public benefit corporations, the United States or its agencies, or any public or
private association, corporation or individual. Said methods shall include any number of
joint development agreements such as condominiums and cooperative ownership limited
partnerships and investment syndicates.
(2) "Cooperative endeavors" means any form of economic development assistance
between and among the state, its local governmental subdivisions, political corporations,
public benefit corporations, the United States or its agencies, or any public or private
association, corporation, or individual. The term "cooperative endeavors" shall include but
not be limited to cooperative financing, cooperative development, or any other form of
cooperative economic development activity.
(3) "Cooperative financing" means any method of financing an economic
development project between and among the state, its local governmental subdivisions,
political corporations, public benefit corporations, the United States or its agencies, or any
public or private association, corporation, or individual. Said methods shall include loans,
loan guarantees, land write-downs, grants, lease guarantees or any form of financial subsidy
or incentive.
(4) "Local clearinghouse" means the state's regional planning districts.
(5) "Local governmental subdivision" means any parish, municipality, port
commission, port harbor and terminal district, or any economic development district or
authority created as a political subdivision of the state as defined in the Constitution of
Louisiana.
(6) "State clearinghouse" means Louisiana Economic Development.
NOTE: See Acts 2020, No. 240, §2, regarding effectiveness.

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Legislative History

Added by Acts 1978, No. 617, §1. Acts 1990, No. 1082, §1; Acts 1992, No. 211, §1, eff. June 10, 1992; Acts 2002, No. 78, §2, eff. June 25, 2002; Acts 2014, No. 267, §1; Acts 2020, No. 240, §1, see Act.