Notes representing loans to students which are guaranteed by this board in accordance with a contract agreement under the provisions of this Chapter, may be pledged as collateral security for deposit of public funds as required in R.S. 39:1221.
La. R.S. 17:3024.1
Student loans as security for deposit of public funds
Known as the Equal Opportunity Education Assistance Act
The act spans §§ 17–17 (92 sections).
Acts 1978, No. 135, §2; Acts 2016, No. 314, §3(A).
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.