LAC 19:VII.2123 – Ownership of Stock and Incidents Thereto

A. Stock taken in co-investment shall be held by the corporation. The board through its duly authorized designee shall vote the stock.

AUTHORITY NOTE: Promulgated in accordance with R.S. 51:2331.

HISTORICAL NOTE: Promulgated by the Department of Economic Development. Economic Development Corporation, LR 15:463 (June 1989).