La. Stat. tit. 33 § 9039.21
Current with operative changes from the 2024 Third Special Legislative Session
No community development district may purchase or sell a water or wastewater utility that provides service to the public, or enter into a management contract for such facilities, until the governing body of the community development district has held a public hearing on the purchase, sale, or management contract and made a determination that the purchase, sale, or management contract is in the public interest.
La. R.S. § 33:9039.21