- A. On the board's initiative or whenever a written complaint or violation of terms of the tax exemption rules or contract is received, the LED Secretary shall cause to be made a full investigation on behalf of the board, and he shall have full authority for such investigation including, but not exclusively, authority to call for reports or other pertinent records or other information from the owner. If the investigation substantiates a violation, the LED Secretary may present the subject contract to the board for formal cancellation.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:4311-4319.
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Commerce, Office of Commerce and Industry, Finance Division, LR 11:99 (February 1985), amended LR 12:665 (October 1986), amended by the Department of Economic Development, LR 18:255 (March 1992), amended by Louisiana Economic Development, Office of Economic Development, LR 52:985 (June 2026).