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La. Rev. Stat. § 39:1794

Excess earnings

Louisiana · Louisiana Revised Statutes Title 39 — Public Finance · Status: effective

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La. Rev. Stat. § 39:1794, Excess earnings, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2725706
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Any net earnings of the corporation beyond that necessary for retirement of any bonds issued by the corporation or to implement the purposes of this Chapter shall inure to the benefit only of the state of Louisiana.