---
urn: urn:us-la:rs:40:489
citation: "R.S. 40:489"
status: active
breadcrumb: "Title 40 › Chapter 3 › Part I › Subpart D"
acts_citations:
  - { year: 1997, number: 1188, section: 1, effective_date: null, role: enactment }
---

# Financial prudence

Local housing authorities shall conduct their financial affairs in a prudent and sound manner.