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Code · Louisiana · Title 23 — Labor and Worker's Compensation

RS 23:2207

86 words·~1 min read·/la/title-23/23-787

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RS 23:2207
§2207. Approval of fiscal agent
A. The department shall approve the fiscal agent selected by a board before any federal or state workforce development funds may be disbursed to the board.
B. The department shall base its approval on an audit of the financial capability of the fiscal agent to ensure that fiscal controls and fund accounting procedures necessary to guarantee the proper disbursal of and accounting for federal and state funds are in place.
Acts 2008, No. 743, §2, eff. July 1, 2008.
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