LAC 19:VII.5115
LAC 19:VII.5115. Residency Requirement
Cite as La. Admin. Code tit. 19, pt. VII, § 5115
A. If a firm that has received Louisiana Small Business Innovative Research-matching grant funds moves its headquarters or research and development operations out of Louisiana within five years of receiving the grant, said firm will be immediately obligated to repay the state the full amount of the state-matching grant received.