Legal Opinion
Opinion Number
Louisiana Attorney General Reports
Decided May 19, 1993Published
1Opinion of the Court
Dear Mr. Hines:
On behalf of the Rapides Parish Housing Mortgage Finance Authority (the "Authority"), you have requested the opinion of this office regarding whether certain excess funds of the Authority, not pledged to secure bonds, are subject to the provisions of La. Const. Art. VII, Sec. 14, which provide, in pertinent part:
". . . the funds, credit, property, or things of value of the state or of any political subdivision shall not be loaned, pledged, or donated to or for any person, association, or corporation, public or private . . ."
The Authority is a public trust established in…
2Cases cited3 opinions
- Bertrand v. SandozSupreme Court of Louisiana · 1971
- Harris v. Trustees of the Louisiana Public Facilities AuthorityLouisiana Court of Appeal · 1977
- Harris v. Trustees of the Louisiana Public Facilities AuthorityLouisiana Court of Appeal · 1977