La. Admin. Code tit. 42 § IX-1107

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

Section IX-1107 - Miscellaneous Provisions

A. Fiscal Year. The fiscal year of the corporation shall begin on July l and end on June 30 of each year.

B. Checks, Drafts, Notes, etc. All checks, drafts or other orders for the payment of money, and notes or other evidences of indebtedness, issued in the name of the corporation shall be signed by such officer or officers of the corporation and in such manner as shall be determined by the board, from time to time, or pursuant to any written forms or instructions filed at any financial institution that issues such checks, drafts or other orders for payment.

C. Registered Agent. The register agents of the corporation for service of process shall be the chairman and the attorney general or his designated assistant.

D. Notice

1. Whenever any notice is required by these bylaws and rules of procedure to be given, such notice is sufficient if given by:

a. personal service (which notice shall be effective upon delivery); or

b. telephone, telecopy, telefax or similar electronic communication; or

c. delivery of such notice by registered or certified mail, return receipt required; or

d. air freight, overnight delivery of which is recorded.

2. Any such notice shall be addressed to the person or entity receiving such notice at his, her or its last known address as it appears in the records of the corporation.

E. Waiver or Modification of Receipt of Notice. Whenever any notice of the time, place or purpose of any meeting of directors or a committee thereof is required by law, the corporate articles or these bylaws and rules of procedure, a waiver or modification thereof in writing, signed by the person or persons entitled to such notice and filed with the board secretary's records of such meeting, before or after the holding thereof, or actual attendance at the meeting of directors or committee thereof, is equivalent to the giving of such notice, except with respect to the notice required by R.S. 42:7.

F. Amendment. An amendment, modification, deletion or alteration (an "amendment") of these bylaws and rules of procedure, or any provision hereof, may be adopted by vote of at least six members of the board at a duly called regular or special meeting of the board. Any amendment so adopted by the board shall not become effective until adopted in accordance with §1109

La. Admin. Code tit. 42, § IX-1107

Promulgated by the Louisiana Economic Development and Gaming Corporation, LR 19:1016 (August 1993).

AUTHORITY NOTE: Promulgated in accordance with R.S. 4:601 et seq.