Louisiana Revised Statutes 48:2084.12 – Public-private partnership projects; dedication of assets
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Terms Used In Louisiana Revised Statutes 48:2084.12
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
The authority shall terminate the private entity’s authority and duties under this Chapter on the date set forth in the comprehensive agreement. Upon termination, the authority and duties of the private entity under this Chapter shall cease, and the qualifying transportation facility shall be dedicated to the responsible public entity or, if the qualifying transportation facility is dedicated by an affected local jurisdiction, to such affected local jurisdiction for public use.
Acts 2006, No. 304, §1.