R.S. 39:1794

Excess earnings ACTIVE

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.

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References

None.

Cited by

None.

History

  • enactment Acts 1985, No. 893, §1, eff. July 23, 1985

Section navigation

Cite R.S. 39:1794

Bluebook
La. Rev. Stat. Ann. § 39:1794 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-1794
BibTeX
@misc{larevstat-39-1794,
  title        = {La. Rev. Stat. Ann. § 39:1794},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-1794},
  note         = {Snapshot 2026-05-22}
}