La. Rev. Stat. § 33:9026
Review of plan
Louisiana · Louisiana Revised Statutes Title 33 — Municipalities and Parishes · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 33:9026, Review of plan, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2717798
- Permanent ID
ys:prov:2717798@1- SHA-256
c5ebd61136f36e3ceb51570c94d94ee568f44b220928639280b3681fd0c67ac6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Every economic development plan as provided for herein shall be subject to periodic review by the governing authority that first approved the plan, at a regular meeting of the governing authority or at a special meeting called for that purpose. If any corporation refuses to submit its plan for review, all power and authority vested in the corporation may, at the option of the local governmental subdivision, terminate and the corporation shall cease as a matter of law to act as an economic development corporation. In the event that any corporation shall have lost its authority to act as an economic development corporation, all property and assets of the corporation shall as a matter of law revert to the respective jurisdiction in which the corporation was authorized to act.