2011 Louisiana Laws
Revised Statutes
TITLE 39 — Public finance
RS 39:1798.4 — Membership of board of directors; vacancies; compensation; expenses
§1798.4. Membership of board of directors; vacancies; compensation; expenses
A. The governor shall appoint five persons to serve as the directors and members of this corporation, with one member appointed from a list of three persons nominated by the president of the Senate and with one member appointed from a list of three persons nominated by the speaker of the House of Representatives.
B. Members of the board of directors shall serve without compensation, but the corporation may reimburse such members for necessary expenses incurred in the discharge of their duties.
Acts 1989, No. 805, §1, eff. July 8, 1989.
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