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Code · Louisiana · Title 17 — Education

RS 17:2161

81 words·~1 min read·/la/title-17/17-515

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RS 17:2161
§2161. Loan or grant from federal agencies
The board of education may negotiate a loan or grant from any agency of the United States for the purposes authorized in R.S. 17:2151, under the provisions of any federal statute. In order to secure such a loan or grant, the board may enter into any agreements or obligations as are required by the lender, except that no agreement shall be made creating a debt or liability of the State of Louisiana.
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