Public Housing Admin. v. Housing Auth. of Bogalusa

The sole question for decision in this case is the constitutionality of LSA-R.S. 40:474 (11) insofar as it authorizes a housing authority to insure its property with mutual insurance companies. This statute is attacked on the ground that it is violative of Section 12 of Article IV of the Louisiana Constitution. The assailed statute reads as follows:

“An authority * * * may:

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“Insure or provide for the insurance in stock or mutual companies of any movable or immovable property or any operations of the authority against any risks it thinks advisable to insure against * *

The…