La. Admin. Code tit. 16 § III-501

Current through Register Vol. 50, No. 11, November 20, 2024

Section III-501 - Scope of Authority

A. These rules and regulations may be cited in abbreviated fashion as follows: LAC 16:III.Chapter 5.

B. In accordance with R.S. 51:1405(B), these rules and regulations shall not conflict with the constitution of this state and shall be interpreted giving due consideration to the intent of the legislature as evidenced by all of the statutes of the state.

C. These rules and regulations shall be consistent with Section 5(a)(1) of the Federal Trade Commission Act [ 15 U.S.C. 45(a)(1) ], as from time to time amended, any rule or regulation promulgated thereunder, and any finally adjudicated court decision interpreting the provisions of said act, rules, and regulations. This consistency shall be, therefore, the same as the Federal Trade Commission's responsibility over both:

1. anti-trust or other restraint of trade types of activities; and

2. unfair or deceptive types of activities relating to trade and commerce as it affects consumer and business interests.

La. Admin. Code tit. 16, § III-501

Promulgated by the Department of Justice, Consumer Protection Section, LR 21:950 (September 1995).

AUTHORITY NOTE: Promulgated in accordance with R.S. 51:1401 et seq.