---
urn: urn:us-la:rs:33:7838
citation: "R.S. 33:7838"
status: active
breadcrumb: "Title 33 › Chapter 24-A"
acts_citations:
  - { year: 1988, number: 259, section: 1, effective_date: 1988-07-07, role: enactment }
---

# Period of existence

The commission shall exist and continue and shall have and enjoy existence and succession for a period of the later of ninety-nine years from the date of its creation, or until all of its contractual obligations have been performed and all debt securities issued by it fully paid.