2014 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:1800.25 - Membership of board of directors; vacancies; compensation; expenses

LA Rev Stat § 39:1800.25 What's This?

§1800.25. Membership of board of directors; vacancies; compensation; expenses

A. The corporation shall be governed by a board of seven directors comprised as follows:

(1) The governor, or his designee.

(2) The commissioner of administration, or his designee.

(3) The president of the Senate, or his designee.

(4) The speaker of the House of Representatives, or his designee.

(5) The secretary of the Louisiana Department of Economic Development, or his designee.

(6) The president of the Louisiana Community and Technical College System, or his designee.

(7) The executive director of the Louisiana Workforce Commission, or his designee.

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. Members of the legislature serving on the board shall receive the same per diem and travel reimbursement for attending meetings of the board as is normally provided for members of the legislature.

C. Members of the board of directors shall elect a president, a secretary-treasurer and such other officers as shall be deemed necessary and appropriate.

Acts 2010, No. 556, §1.

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