Louisiana Revised Statutes 33:4545.8 – Participating in more than one entity or undertaking
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Terms Used In Louisiana Revised Statutes 33:4545.8
- Unit: shall mean any governmental unit, any investor-owned electric power company and any electric cooperative association or corporation and, in addition, any state, any department, institution, commission, public instrumentality or political subdivision of any state, or of the United States presently owning a system or facilities for the generation, transmission or distribution of electric power and energy for public and private uses. See Louisiana Revised Statutes 33:4545.3
Nothing herein contained shall prohibit any governmental unit from being a member of more than one entity or undertaking for the purpose of obtaining an adequate electric power supply.
Added by Acts 1979, No. 772, §1, eff. July 20, 1979.