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Terms Used In Louisiana Revised Statutes 39:462.6

  • Loan: means the loan from the commission to the local government evidenced by a bond, note, or other evidence of indebtedness as provided in this Chapter. See Louisiana Revised Statutes 39:462.2

            The legislative auditor may review all loan applications for compliance with the provisions of this Chapter. The state treasurer and the loan applicant shall be responsible for providing the legislative auditor with all claims and necessary documentation to carry out his reviews.

            Acts 2023, No. 424, §1, eff. July 1, 2023.