The commission may administer and manage all money, including any appropriation to the commission from the state general fund for the purpose of making loans pursuant to this Chapter, all interest made on loans pursuant to this Chapter and all principal repaid on loans that has been appropriated in whatever manner maximizes the amount of money available for LA-OP loans that is consistent with federal reinsurance requirements and state budget practices.
La. R.S. 17:3045.3
Appropriation; procedure
Known as the Achieving a Better Life Experience in Louisiana Act
The act spans §§ 17–17 (107 sections).
Acts 1991, No. 799, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.