The board shall accept any contributions or subsidies made to it from state funds and shall use the funds to meet administrative expenses for any of its purposes and to provide a reserve fund to guarantee loans made pursuant to the provisions of this Chapter and to pay interest on guaranteed loans, as provided by R.S. 17:3023.
R.S. 17:3024 active rs title
Acceptance and use of funds ACTIVE
Actions
References
Cited by
None.
History
- enactment Acts 1978, No. 135, §2
- amendment Acts 1995, No. 713, §1