Louisiana Revised Statutes 27:220 – A.(1) The board of directors shall provide the president with private-sector perspectives on the operation of a large gaming enterprise.
Terms Used In Louisiana Revised Statutes 27:220
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Board: means the board of directors of the corporation. See Louisiana Revised Statutes 27:205
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: means the Louisiana Economic Development and Gaming Corporation, which except as specifically provided in this Chapter shall be a special corporation operated for a public purpose, the ownership interest of which is vested in the state. See Louisiana Revised Statutes 27:205
- 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.
- License: means an authorization issued to a person by or in the name of the corporation to engage in or assist gaming operations or activities regulated by this Chapter. See Louisiana Revised Statutes 27:205
- Oversight: Committee review of the activities of a Federal agency or program.
- President: means the president of the corporation. See Louisiana Revised Statutes 27:205
A.(1) The board of directors shall provide the president with private-sector perspectives on the operation of a large gaming enterprise.
(2) In addition, the board shall:
(a) Approve or disapprove the budget for the operation of the corporation.
(b) Approve or disapprove the terms of major procurements.
(c) Serve as a board of appeal for any denial, revocation, or cancellation by the president of a contract, license, or permit issued pursuant to the provisions of this Chapter.
(d) Adopt such administrative rules and regulations as may be necessary to carry out and implement its powers and duties, the operations of the corporation, the conduct of gaming operation in general, and any other matters necessary or desirable for the efficient and effective operation of the casino gaming or convenience of the public.
(e) Review the performance of the corporation and advise the president and make recommendations to him regarding operations of the corporation.
B. The board shall adopt rules for the conduct of specific games and gaming operations, including but not limited to rules specifying:
(1) The types of games to be conducted.
(2) The granting of credit to a patron.
(3) Special procedures for making and soliciting requests for major procurements.
C. The board may, by rule and regulation, create and adopt special procedures for promulgation of rules and regulations, but such special procedures and the creation and adoption of any rule, regulation, or special procedure of the board shall include legislative oversight and publication of notice of intent as provided for in La. Rev. Stat. 49:961 except that the notice may be published either in the official journal of the state or the Louisiana Register.
D. For purposes of expeditious implementation of the provisions of this Chapter, the promulgation of initial administrative rules shall constitute a matter of imminent peril to public health, safety, and welfare as provided in La. Rev. Stat. 49:962.
Acts 1992, No. 384, §1, eff. June 18, 1992. Redesignated from La. Rev. Stat. 4:620 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996; Acts 2013, No. 220, §9, eff. June 11, 2013; Acts 2021, No. 211, §4.