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Terms Used In Louisiana Revised Statutes 56:576

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10

Disbursements from the fund shall be made once each fiscal year as provided by rules of the department.  The department shall set a date which shall be at the end of the primary fishing season as the cut off date for determination of compensation from the fund for each vessel.  No compensation shall be paid to a person who is not a Louisiana resident.  

Added by Acts 1980, No. 834, §2.