Louisiana Revised Statutes 17:3045.8 – Loan funds; availability
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Terms Used In Louisiana Revised Statutes 17:3045.8
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
The receipt of a LA-OP loan by an eligible borrower is subject to the availability of lending capital provided by appropriation.
Acts 1991, No. 799, §1, eff. July 22, 1991; Acts 1991, 3rd E.S., No. 3, §1, eff. Aug. 5, 1991; Acts 2012, No. 834, §2, eff. July 1, 2012.