Louisiana Revised Statutes 39:551.2 – Industrial districts; creation authorized and powers defined
Terms Used In Louisiana Revised Statutes 39:551.2
- Contract: A legal written agreement that becomes binding when signed.
The authority conferred by La. Rev. Stat. 39:551.1 on parishes, wards, and municipalities shall apply with the same provisions to any legally constituted industrial districts hereafter created, which are hereby authorized to be created by the governing authority of any parish of the state. Any such district may comprise an entire ward, a combination of or parts of parishes, wards, or municipalities either, both, or severally; however, no municipality may be included in any industrial district without the consent of the governing body of the municipality, to be evidenced by a resolution duly and properly adopted by such governing body. Industrial districts so created shall be political and legal subdivisions of the state, with full power to sue and be sued in their corporate names, to incur debt and to contract obligations, to have a corporate seal, and to do and perform all acts in their corporate capacity and in their corporate names necessary and proper to carry out the purposes of this Section. Each such industrial district shall be given a name at the time of its creation which shall include the words “industrial district” and shall have as its governing authority the governing authority of the parish creating it, and the parish treasurer shall be the treasurer of the district.
Added by Acts 1975, No. 154, §1.