LAC 19:VII.2307

LAC 19:VII.2307. Amount of Investment

Last amended: 1997Year: 2026Length: 39 wordsOfficial source

Cite as La. Admin. Code tit. 19, pt. VII, § 2307

A. The corporation may invest up to $5,000,000. The corporation may use its discretion to set the ratio of corporation investment to private investment. However, the ratio shall not exceed $1 of corporation monies to $2 of privately-raised dollars.
LAC 19:VII.2307: LAC 19:VII.2307. Amount of Investment | Justis AI