Louisiana Revised Statutes 17:1968 – Funding; acceptance of other funds
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Terms Used In Louisiana Revised Statutes 17:1968
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- School: means the Jimmy D. See Louisiana Revised Statutes 17:1962
A. Funds for the operation of the school and the programs provided by the school shall come from monies appropriated therefor by the legislature.
B. Nothing in this Chapter shall be so construed as to prohibit or prevent the board from accepting federal funds or monies from any corporation or other private contributor for use in operating the school or providing programs by the school.
Added by Acts 1981, No. 932, §1, eff. Sept. 1, 1982.