Louisiana Revised Statutes 27:21.1 – A. Each holder of a license as defined in R.S. 27:44(14) and 353(5), and the casino gaming operator shall submit to the board a report naming each individual, corporation, firm, part
Terms Used In Louisiana Revised Statutes 27:21.1
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
A. Each holder of a license as defined in La. Rev. Stat. 27:44(14) and 353(5), and the casino gaming operator shall submit to the board a report naming each individual, corporation, firm, partnership, association, or other legal entity that furnishes professional services to the license holder or the casino gaming operator.
B. As used in this Section, professional services means those services rendered in the state of Louisiana and shall include but are not limited to:
(1) Legal services.
(2) Advertising or public relations services.
(3) Engineering services.
(4) Architectural, landscaping, or surveying services.
(5) Accounting, auditing, or actuarial services.
C. The report required by the provisions of this Section shall be submitted to the board on a quarterly basis. The report shall be forwarded to the board by certified mail no later than twenty days after the end of each quarter.
D. The report required by the provisions of this Section shall be a public record and governed by the provisions of La. Rev. Stat. 44:1 et seq.
E. The report required by the provisions of this Section shall contain the name and address of each individual, corporation, firm, partnership, association, or other legal entity that furnishes professional services to each holder of a license as defined in La. Rev. Stat. 27:44(14) and 353(5), and the casino gaming operator.
F. The report required by the provisions of this Section shall not be required to contain the amount of compensation paid to each individual, corporation, firm, partnership, association, or other legal entity in exchange for furnishing professional services to each holder of a license as defined in La. Rev. Stat. 27:44(14) and 353(5), and the casino gaming operator.
G. The board may impose sanctions on the holder of a license as defined in La. Rev. Stat. 27:44(14) and 353(5), or the casino gaming operator for failure to submit to the board the report required by the provisions of this Section.
H. The board shall adopt rules to implement the provisions of this Section. All rules shall be adopted pursuant to the provisions of the Administrative Procedure Act and La. Rev. Stat. 27:15(B)(8).
I. The provisions of this Section shall not apply to persons licensed pursuant to the provisions of the Video Draw Poker Devices Control Law as provided in Chapter 8 of this Title.
Acts 2004, No. 486, §1.