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La. Rev. Stat. § 17:2161

Loan or grant from federal agencies

Louisiana · Louisiana Revised Statutes Title 17 — Education · Status: effective

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La. Rev. Stat. § 17:2161, Loan or grant from federal agencies, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2700736
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The board of education may negotiate a loan or grant from any agency of the United States for the purposes authorized in R.S. 17:2151, under the provisions of any federal statute. In order to secure such a loan or grant, the board may enter into any agreements or obligations as are required by the lender, except that no agreement shall be made creating a debt or liability of the State of Louisiana.