The proceeds derived from the sale of such franchise shall be set aside and form a separate fund to be used in maintaining, improving, and repairing the public roads of the parish into whose treasury it is paid.
La. R.S. 33:4368
Use of proceeds from sale of franchises
Known as the State Power Authority Act
The act spans §§ 33–33 (379 sections).
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.