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Code · Louisiana · Title 39 — Public Finance

RS 39:1794

51 words·~1 min read·/la/title-39/39-516

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RS 39:1794
§1794. Excess earnings
Any net earnings of the corporation beyond that necessary for retirement of any bonds issued by the corporation or to implement the purposes of this Chapter shall inure to the benefit only of the state of Louisiana.
Acts 1985, No. 893, §1, eff. July 23, 1985.
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