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0 chapters · 1,010 sections in this title.
La. Rev. Stat. § 39:1437 Registration requirements
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§1437. Registration requirements Notwithstanding any other law to the contrary, securities in fully registered form, other than general obligation and sales tax bonds, need not be registered with any state, parish, or local department, agency, or official. General obligation and …
La. Rev. Stat. § 39:1438 Issuers of securities; continuing disclosure requirements; audit requirements
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§1438. Issuers of securities; continuing disclosure requirements; audit requirements A. Definitions. For purposes of this Section: (1) "Auditor" means the legislative auditor or any private accounting firm which prepares the annual financial audit of a public entity under rules o…
La. Rev. Stat. § 39:1441 Definitions
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§1441. Definitions As used in this Chapter, the following terms shall have the following meanings: A. "Securities" means bonds, notes, certificates, or other written obligations for the repayment of borrowed money, including obligations to refund any of them. B. "Public entities"…
La. Rev. Stat. § 39:1442 Defeasance of securities of a public entity
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§1442. Defeasance of securities of a public entity A. Securities of a public entity shall be defeased and shall be deemed to be paid and shall no longer be considered to be outstanding under the instrument providing for their issuance, and the covenants, agreements, and obligatio…
La. Rev. Stat. § 39:1443 Effect of defeasance
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§1443. Effect of defeasance Securities of the public entity which have been defeased as provided in R.S. 39:1442 shall no longer be considered as outstanding in computing any constitutional or statutory debt limitation with respect to the issuance of securities by such entity, an…
La. Rev. Stat. § 39:1444 Definitions
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§1444. Definitions As used in this Chapter, the following terms shall have the following meanings: (1) "Credit enhancement device" means a letter of credit, bank guarantee, municipal bond insurance, surety bond, or any other device designed to improve the credit quality and marke…
La. Rev. Stat. § 39:1445 Authorization of refunding bonds
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§1445. Authorization of refunding bonds Subject to the approval of the State Bond Commission and without reference to any other provisions of the laws of Louisiana and in addition to any other authority therefor, any public entity is hereby authorized to issue refunding bonds for…
La. Rev. Stat. § 39:1446 Manner of issuance of refunding bonds
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§1446. Manner of issuance of refunding bonds A. The refunding bonds shall be issued pursuant to a resolution or an ordinance adopted by the governing body of the issuer, which resolution or ordinance shall fix all details of the refunding bonds, including their form, terms, repay…
La. Rev. Stat. § 39:1447 Security for refunding bonds
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§1447. Security for refunding bonds A. The refunding bonds issued to refund outstanding revenue bonds or limited tax bonds may be secured in the same manner as the securities being refunded or may be secured in such other manner as may be prescribed by the governing body of the i…
La. Rev. Stat. § 39:1448 Additional security
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§1448. Additional security Refunding bonds issued under this Chapter may be secured additionally by credit enhancement devices, the cost of which, upon a finding of benefit therefrom by the governing body of the issuer, may be paid from the proceeds of the refunding bonds or othe…
La. Rev. Stat. § 39:1449 Sale of refunding bonds
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§1449. Sale of refunding bonds Refunding bonds may be sold at either public or negotiated sale for such price as may be determined by the governing body of the issuer and approved by the State Bond Commission. Acts 1984, No. 352, §1, eff. July 2, 1984.
La. Rev. Stat. § 39:1450 Interest rates of refunding bonds
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§1450. Interest rates of refunding bonds Refunding bonds shall bear interest at such rate or rates as are set forth in the resolution or ordinance authorizing the issuance of the bonds but such interest rate or rates shall be governed by the provisions of R.S. 39:1424 and 1424.1.…
La. Rev. Stat. § 39:1451 Publication of resolution or ordinance; peremption
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§1451. Publication of resolution or ordinance; peremption A. Any resolution or ordinance authorizing the issuance of refunding bonds shall be published one time in the official journal of the issuer or, if the issuer does not have an official journal, one time in a newspaper of g…
La. Rev. Stat. § 39:1452 Status of refunding bonds as negotiable instruments; exemption from taxes; legal investments
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§1452. Status of refunding bonds as negotiable instruments; exemption from taxes; legal investments All refunding bonds issued pursuant to this Chapter shall be and are hereby made negotiable instruments within the meaning of and for all purposes of the negotiable instruments law…
La. Rev. Stat. § 39:1453 Use of proceeds of refunding bonds
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§1453. Use of proceeds of refunding bonds The proceeds of the sale of any refunding bonds shall be deposited, applied, and disbursed in accordance with the provisions of the resolution or ordinance authorizing the issuance of the refunding bonds. Acts 1984, No. 352, §1, eff. July…
La. Rev. Stat. § 39:1454 Refunded bonds not considered outstanding
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§1454. Refunded bonds not considered outstanding The refunded bonds shall not be considered outstanding for the purpose of debt limitation laws restricting the amount of bonds that may be issued by any issuer. Acts 1984, No. 352, §1, eff. July 2, 1984.
La. Rev. Stat. § 39:1455 Application of provisions
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§1455. Application of provisions The powers and rights conferred by this Chapter shall be in addition to the power and rights conferred by any other general or special law. This Chapter does and shall be construed to provide a complete and additional method for the issuance of re…
La. Rev. Stat. § 39:1456 General obligation bond debt limitations; advance refunding
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§1456. General obligation bond debt limitations; advance refunding The debt limitation for general obligation bonds issued by any political subdivision in order to advance refund its outstanding debt obligations is hereby established at an amount not greater than one hundred ten …
La. Rev. Stat. § 39:1461 Definitions
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§1461. Definitions As used in this Chapter, the following terms shall have the following meanings: (1) "Outstanding bonds" means all or any one or more of the following bonds issued directly by the state or by any state board, agency, or commission which may be outstanding at any…
La. Rev. Stat. § 39:1462 Refunding bonds authorized
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§1462. Refunding bonds authorized The State Bond Commission is hereby authorized to issue refunding bonds, hereinafter referred to as "refunding bonds", for the purpose of providing funds to refund outstanding bonds of the state including, but not by way of limitation, amounts re…
La. Rev. Stat. § 39:1463 Status of refunding bonds
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§1463. Status of refunding bonds The refunding bonds shall be general obligations of the state of Louisiana, to the payment of which, as to principal, premium, if any, and interest when the same become due and payable, the full faith and credit of the state is hereby irrevocably …
La. Rev. Stat. § 39:1464 Issuance of refunding bonds
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§1464. Issuance of refunding bonds The refunding bonds shall be issued from time to time by the State Bond Commission in its discretion and shall not be limited by the provisions of R.S. 39:1402(D) and (E) or be subject to the provisions of R.S. 39:1365 and R.S. 39:1366. The refu…
La. Rev. Stat. § 39:1465 Sale of refunding bonds; interest rate
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§1465. Sale of refunding bonds; interest rate The refunding bonds shall be sold in such manner, at either public or nonpublic sale, as may be determined by the State Bond Commission, for such price and bearing interest at such rate or rates as will create for the refunding bonds …
La. Rev. Stat. § 39:1466 Use of proceeds of refunding bonds
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§1466. Use of proceeds of refunding bonds The proceeds of the sale of any refunding bonds shall be deposited, applied, and disbursed in accordance with the provisions of the resolution authorizing the issuance of the refunding bonds. Any earnings on the investment of the refundin…
La. Rev. Stat. § 39:1467 Investment in government obligations
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§1467. Investment in government obligations Notwithstanding any other provisions of law to the contrary, the state treasurer may invest the proceeds of refunding bonds issued hereunder, moneys from any other source deposited in any funds or accounts established in connection with…
La. Rev. Stat. § 39:1468 Refunded bonds not considered outstanding
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§1468. Refunded bonds not considered outstanding For the purpose of debt limitation laws restricting the amount of general obligation bonds that may be issued by the state, no bond shall be deemed to be outstanding when payment of the principal of the applicable redemption premiu…
La. Rev. Stat. § 39:1470 Definitions
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§1470. Definitions As used in this Chapter, the following terms shall have the following meanings: (1) "Public entities" or "public entity" means any one of the following, acting alone or in conjunction with any other: (a) State boards, commissions, or agencies; parishes; municip…
La. Rev. Stat. § 39:1471 Authorization of short-term revenue notes
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§1471. Authorization of short-term revenue notes A. Any public entity which is now or hereafter authorized by the constitution or statutes of the state of Louisiana to issue revenue bonds may authorize the issuance of the revenue bonds in the form of short-term revenue notes from…
La. Rev. Stat. § 39:1472 Application of provisions
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§1472. Application of provisions The powers and rights conferred by this Chapter shall be in addition to the power and rights conferred by any other general or special law. The provisions of this Chapter shall be liberally construed for the accomplishment of its purpose. Acts 198…
La. Rev. Stat. § 39:1481 Legislative intent
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§1481. Legislative intent The legislature recognizes the strong competition among states to attract new business and industry and to grow existing business and industry. It is further recognized that different regions of this state have different characteristics and attributes wh…
La. Rev. Stat. § 39:1482 Definitions
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§1482. Definitions For purposes of this Chapter, the following words have the following meanings: (1) "Grant" means an award from the Louisiana Competes Economic Development Program to a regional economic development organization. (2) "Louisiana Competes Program" means the Louisi…
La. Rev. Stat. § 39:1483 Louisiana Competes Regional Economic Development Program
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§1483. Louisiana Competes Regional Economic Development Program A. There is hereby created the Louisiana Competes Regional Economic Development Program to be administered by Louisiana Economic Development, to provide grants to regional economic development organizations pursuant …
La. Rev. Stat. § 39:1484 Qualified expenditures
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§1484. Qualified expenditures A. A regional economic development organization shall only utilize grant funds to pay for qualified expenditures related to the furtherance of economic development within the region it represents. Qualified expenditures are limited to site developmen…
La. Rev. Stat. § 39:1485 Cooperative endeavor agreement; term; public fund matching
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§1485. Cooperative endeavor agreement; term; public fund matching A. Within thirty calendar days after adoption of administrative rules promulgated for the implementation of this Chapter, the regional economic development organization and the state shall enter into a cooperative …
La. Rev. Stat. § 39:15.1 Office of technology services; scope
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§15.1. Office of technology services; scope The office of technology services shall have authority over all information technology systems and services for agencies in the executive branch of state government, except for any agency of a statewide elected official. The office shal…
La. Rev. Stat. § 39:15.1.1 Criminal history information; access to federal tax information
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§15.1.1. Criminal history information; access to federal tax information The division of administration, office of technology services, is authorized to perform criminal history records checks of current and prospective employees, contractors, and subcontractors in accordance wit…
La. Rev. Stat. § 39:15.1.2 Criminal history information; access to restricted data
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§15.1.2. Criminal history information; access to restricted data The division of administration, office of technology services, is authorized to perform criminal history records checks of current and prospective employees, contractors, and subcontractors in accordance with the pr…
La. Rev. Stat. § 39:15.11 Legislative intent
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§15.11. Legislative intent The legislature of Louisiana hereby finds all of the following: (1) The mission of the Louisiana Cybersecurity Commission, which was created by executive order of the governor, is the coordination of cybersecurity efforts among local, state, tribal, and…
La. Rev. Stat. § 39:15.12 Definitions
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§15.12. Definitions As used in this Part, these terms shall have the following meanings: (1) "Commission" means the Louisiana Cybersecurity Commission. (2) "Critical infrastructure sectors" includes the following sectors which the Cybersecurity and Infrastructure Security Agency …
La. Rev. Stat. § 39:15.13 Louisiana Cybersecurity Commission; creation; membership
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§15.13. Louisiana Cybersecurity Commission; creation; membership A. The Louisiana Cybersecurity Commission is hereby created within the division of administration to coordinate cybersecurity efforts among state governmental entities, local governments, tribal governments, private…
La. Rev. Stat. § 39:15.14 Purposes and powers of the commission
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§15.14. Purposes and powers of the commission A. The commission shall have the following purposes, duties, and powers: (1) Identify, prioritize, and mitigate Louisiana's cyber risk. (2) Develop a cybersecurity strategy for the state and identify sources of support for strategy im…
La. Rev. Stat. § 39:15.15 Staffing of the commission; reports
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§15.15. Staffing of the commission; reports A.(1) The Military Department, state of Louisiana shall provide the primary staff to assist the commission in its duties and mission. The commission may request the assistance of other state agencies, including but not limited to the Go…
La. Rev. Stat. § 39:15.2 Office of technology services; state chief information officer
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§15.2. Office of technology services; state chief information officer A. The office of technology services is established within the division of administration. This office shall be headed by the state chief information officer, hereafter referred to in this Part as the "CIO." Th…
La. Rev. Stat. § 39:15.3 Office of technology services; offices and staff; duties
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§15.3. Office of technology services; offices and staff; duties A. The office of technology services shall consist of executive offices and staff as deemed necessary for effective information technology governance, acquisition and operation. B. The state chief information officer…
La. Rev. Stat. § 39:15.7 State Cybersecurity and Information Technology Fund
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§15.7. State Cybersecurity and Information Technology Fund A. The State Cybersecurity and Information Technology Fund, hereinafter referred to as the "fund", is hereby established in the state treasury as a special fund. The fund is eligible to receive any monies designated for t…
La. Rev. Stat. § 39:1527 Definitions
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§1527. Definitions As used in this Chapter, the following terms and phrases shall have the meanings ascribed to them in this Section unless otherwise provided or unless the context clearly indicates otherwise: (1) "Claims" refers to only those claims covered by the Self-Insurance…
La. Rev. Stat. § 39:1528 Creation of the office of risk management
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§1528. Creation of the office of risk management A. There is hereby created the office of risk management within the division of administration headed by the commissioner of administration. B. The office of risk management, as the administrator of the risk management program of t…
La. Rev. Stat. § 39:1531 Appointment of assistants and other employees
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§1531. Appointment of assistants and other employees The commissioner of administration may employ and supervise such assistants and other persons as are determined to be necessary to discharge the duties of the office, may fix their compensation, and may delegate such of his aut…
La. Rev. Stat. § 39:1532 Reporting requirements
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§1532. Reporting requirements A. The commissioner of administration shall prepare such reports as he finds necessary for the proper conduct of his duties. B. In the fiscal year immediately following a regular session of the legislature in which the legislature has enacted appropr…
La. Rev. Stat. § 39:1533 Self-Insurance Fund
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§1533. Self-Insurance Fund A.(1) There is hereby created in the Department of the Treasury a special fund to be known as the "Self-Insurance Fund". The fund shall consist of all premiums paid by state agencies under the state's risk management program as established by this Chapt…
