Louisiana Statutes
§ 39:1798.4 — Membership of board of directors; vacancies; compensation; expenses
Louisiana § 39:1798.4
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:1798.4 (Membership of board of directors; vacancies; compensation; expenses) 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. § 39:1798.4 (2026).
Text
A.The governor shall appoint five persons to serve as the directors and members of this corporation, with one member appointed from a list of three persons nominated by the president of the Senate and with one member appointed from a list of three persons nominated by the speaker of the House of Representatives.
B.Members of the board of directors shall serve without compensation, but the corporation may reimburse such members for necessary expenses incurred in the discharge of their duties.
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Legislative History
Acts 1989, No. 805, §1, eff. July 8, 1989.
Nearby Sections
15
§ 39:1798
§ 39:1798§ 39:1798.10
Refunding bonds§ 39:1798.11
Bonds and certificates as legal investments§ 39:1798.12
Bonds and certificates; freedom from taxation§ 39:1798.13
Excess earnings§ 39:1798.2
Construction of Chapter; controlling law§ 39:1798.3
Functions of corporation§ 39:1798.5
Applicable laws to corporation§ 39:1798.6
Powers§ 39:1798.7
Bonds§ 39:1798.8
Bonds; security; trust agreement; indentureCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 39:1798.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1798.4.