Louisiana Revised Statutes 46:1106 – Contract for scholarship; contingent
Terms Used In Louisiana Revised Statutes 46:1106
- Contract: A legal written agreement that becomes binding when signed.
Any applicant selected by the board of commissioners to receive a scholarship shall enter into a contract with the board, which shall be deemed a contract formed within the state of Louisiana, agreeing to the terms and conditions upon which the scholarship shall be granted to the applicant. The contract shall include such terms and provisions as will execute the full purpose and intent of this medical scholarship program, including the purpose of providing physicians who will practice family medicine to areas where a shortage of such physicians exists. The form of the contract shall be prepared and approved by the attorney general of this state. The chairman of the board of commissioners shall sign the contract, the vice-chairman of the board shall countersign it, and the applicant shall likewise sign it. The board shall preserve and maintain the contract until such time as the terms thereof are met or satisfied; a duplicate copy shall be transmitted to the applicant and to the respective medical school.
Added by Acts 1976, No. 130, §1.