Louisiana Revised Statutes 27:276 – No cause of action against the corporation or the state
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Terms Used In Louisiana Revised Statutes 27:276
- 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.
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
No rule or regulation and no provision in a contract executed by the corporation pursuant to authority granted in La. Rev. Stat. 27:275 shall be the basis for any cause of action in contract or in tort against the state or the corporation, its board of directors or its agents, attorneys, or employees.
Acts 1992, No. 384, §1, eff. June 18, 1992. Redesignated from La. Rev. Stat. 4:676 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996.