Any net earnings of the corporation beyond that necessary for retirement of any bonds issued by the corporation or to implement the purposes of this Chapter shall inure to the benefit only of the state of Louisiana.
R.S. 39:1794 active rs title
Excess earnings ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1985, No. 893, §1, eff. July 23, 1985