Louisiana § 4:285 Membership of board of directors; vacancies; compensation; expenses; executive

Louisiana Statutes

§ 4:285 — Membership of board of directors; vacancies; compensation; expenses; executive

Louisiana § 4:285

Title 4Amusements and Sports

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Bluebook

La. Stat. Ann. § 4:285 (2026).

Text

§285. Membership of board of directors; vacancies; compensation; expenses; executive committee A. The corporation shall be managed by a board of directors consisting of eleven members. The following individuals shall serve on the board of directors:

(1)Four designees of the Horsemen's Benevolent and Protective Association.

(2)The parish president, or his designee, of the following parishes:

(a)Calcasieu Parish.

(b)St. Landry Parish.

(c)Bossier Parish.

(d)Orleans Parish.

(e)St. Tammany Parish.

(3)Two members appointed by the governor representing Louisiana higher education institutions. B. Board members serving by virtue of their appointive or elected offices shall serve during the time that they are elected or appointed to their respective offices. Initial terms of the elected memb

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§285. Membership of board of directors; vacancies; compensation; expenses; executive
committee
A. The corporation shall be managed by a board of directors consisting of eleven
members. The following individuals shall serve on the board of directors:
(1) Four designees of the Horsemen's Benevolent and Protective Association.
(2) The parish president, or his designee, of the following parishes:
(a) Calcasieu Parish.
(b) St. Landry Parish.
(c) Bossier Parish.
(d) Orleans Parish.
(e) St. Tammany Parish.
(3) Two members appointed by the governor representing Louisiana higher education
institutions.
B. Board members serving by virtue of their appointive or elected offices shall serve
during the time that they are elected or appointed to their respective offices. Initial terms of
the elected members designated in Subsection A of this Section shall be three years. Elected
members may succeed themselves if reelected.
C. Members of the board of directors shall serve without compensation, but the
corporation may reimburse such members, or the institutions which they represent, for
necessary expenses incurred in the discharge of their duties if such compensation does not
violate any other provision of law to the contrary.
D. Members of the board of directors of the corporation may be removed for just
cause, as defined by the board of directors.
E. A majority of the members shall constitute a quorum for the transaction of official
business. All official actions of the corporation shall require an affirmative vote of the
majority of the members present and voting at any meeting.
F. There shall be elected a chairman, vice chairman, secretary-treasurer, and an
executive committee of the board of directors to be composed of not less than three nor more
than seven directors, including the chairman of the corporation who shall be an ex officio
member thereof.