La. Admin. Code tit. 10 § XV-101
Current through Register Vol. 50, No. 11, November 20, 2024
Section XV-101 - Declaration of PolicyA. It is the declared policy of the Office of Financial Institutions to provide for the licensing and regulation of Louisiana corporations as business and industrial development corporations authorized by Act 506 of the 1991 Louisiana Legislature, which will aid in the increasing of job opportunities in this state; promote establishment of growth and expansion of business firms in this state; provide a vehicle to offer financing assistance and management assistance to business firms through the small business administration and to more effectively regulate and supervise Louisiana corporations licensed as business and industrial developments corporations to give greater permanence of existence and better assurance of uninterrupted service to business firms in Louisiana.La. Admin. Code tit. 10, § XV-101
Promulgated by the Department of Economic Development, Office of Financial Institutions, LR 18:24 (January 1992).AUTHORITY NOTE: Promulgated in accordance with R.S. 51:2386 et seq.