Louisiana Statutes
§ 39:1794 — Excess earnings
Louisiana·Title 39 Procurement and Contract
Any net earnings of the corporation beyond that necessary for retirement of any bonds issued by the corporation or to implement the purposes of this Chapter shall inure to the benefit only of the state of Louisiana.
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Legislative History
Acts 1985, No. 893, §1, eff. July 23, 1985.
Nearby Sections
15
§ 39:17.1
Definitions§ 39:17.3
Fee§ 39:17.4
Privacy§ 39:17.5
Renewals§ 39:1705
Joint use of facilities§ 39:1709
Review of procurement requirements§ 39:171
§ 39:171