---
urn: urn:us-la:rs:17:2161
citation: "R.S. 17:2161"
status: active
breadcrumb: "Title 17 › Chapter 11 › Part I › Subpart A"
acts_citations:
---

# Loan or grant from federal agencies

The board of education may negotiate a loan or grant from any agency of the United States for the purposes authorized in R.S. 17:2151, under the provisions of any federal statute. In order to secure such a loan or grant, the board may enter into any agreements or obligations as are required by the lender, except that no agreement shall be made creating a debt or liability of the State of Louisiana.