§ 51:2391 — Impact information

A. The commissioner shall provide to the House Commerce Committee and Senate Commerce, Consumer Protection, and International Affairs Committee upon their request information on the impact of this Chapter in promoting economic development in this state. At the minimum, the information shall include aggregate statistics on each of the following:
(1) The number and dollar amount of provisions of financing assistance made by licensees to business firms in Louisiana.
(2) The number and dollar amount of provisions of financing assistance made by licensees to business firms in Louisiana classified in broad categories of industry, such as divisions of the standard industrial classification manual.
(3) The number and dollar amount of provisions of financing assistance made by licensees to minority-owned business firms and to women-owned business firms in Louisiana.
(4) Estimates of the number of jobs created or retained in Louisiana.
(5) The total number of employees and total payroll for Louisiana employees of BIDCOs.
B.(1) The commissioner shall examine each licensee not less than once each calendar year.
(2) The commissioner may at any time examine a licensee or subsidiary of a licensee.
(3) A director, officer, manager, or employee of a licensee or of a subsidiary of a licensee being examined by the commissioner, or a person having custody of any of the books, accounts, or records of the licensee or of the subsidiary, shall exhibit to the commissioner, on request, any of the books, accounts, and other records of the licensee or of the subsidiary and shall otherwise facilitate the examination so far as it is in their power to do so.

Legislative History

Acts 1991, No. 506, §1; Acts 2003, No. 183, §8; Acts 2004, No. 806, §1.