Louisiana Revised Statutes 23:2207 – Approval of fiscal agent
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Terms Used In Louisiana Revised Statutes 23:2207
- Board: means a local workforce development board as described in the Workforce Innovation and Opportunity Act of 2014, 29 U. See Louisiana Revised Statutes 23:2061
- Commission: means the Louisiana Workforce Commission. See Louisiana Revised Statutes 23:2061
- Workforce development: means workforce education and workforce training and services. See Louisiana Revised Statutes 23:2061
A. The commission shall approve the fiscal agent selected by a board before any federal or state workforce development funds may be disbursed to the board.
B. The commission shall base its approval on an audit of the financial capability of the fiscal agent to ensure that fiscal controls and fund accounting procedures necessary to guarantee the proper disbursal of and accounting for federal and state funds are in place.
Acts 2008, No. 743, §2, eff. July 1, 2008.