Legal Opinion

Opinion Number

Louisiana Attorney General Reports

Decided March 26, 1996Published

1Opinion of the Court

Dear Mr. Brame:

You have requested an opinion of the Attorney General regarding the Rapides Finance Authority (the "Authority"), a public trust created pursuant to R.S. 9:2341, the beneficiary of which is the Rapides Parish Police Jury (the "Parish"). You specifically ask whether it is legally permissible to amend the Authority's Trust Indenture (the "Indenture") to reduce the number of Trustees serving on its Board, the practical effect of which would be to remove one or more of the sitting Trustees, prior to the expiration of their terms, without "cause".

The public trust, in question, was…

2Cases cited4 opinions

  1. Board of Trustees of Fin. Auth. v. All TaxpayersLouisiana Court of Appeal · 1976
  2. BWS COPORATION v. Evangeline Parish Police JuryLouisiana Court of Appeal · 1974
  3. Curtis v. BreauxLouisiana Court of Appeal · 1984
  4. Maginnis v. MaginnisLouisiana Court of Appeal · 1984

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