LAC 19:VII.2509

LAC 19:VII.2509. Amount of Investment

Last amended: 1989Year: 2026Length: 39 wordsOfficial source

Cite as La. Admin. Code tit. 19, pt. VII, § 2509

A. The corporation may invest up to $2,500,000. 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.2509: LAC 19:VII.2509. Amount of Investment | Justis AI