Louisiana § RS 45:1238 - Financing orders including the Louisiana Utilities Restoration Corporation

Full text of Louisiana Louisiana Civil Code § RS 45:1238 — Financing orders including the Louisiana Utilities Restoration Corporation, with citation guidance and answers to common questions.

§ RS 45:1238. Financing orders including the Louisiana Utilities Restoration Corporation

            A. Notwithstanding the provisions of R.S. 45:1228(C)(3), in a financing order issued to an electric utility by the commission to create storm recovery property, the financing order may provide that such storm recovery property shall be sold, assigned, or transferred by the electric utility to the corporation.

            B. When an electric utility petitions the commission for a financing order pursuant to this Section, the corporation shall be a party to the commission's proceedings along with the pertinent utility.

            Acts 2021, No. 293, §2, eff. June 14, 2021.

Source: official Louisiana text · Last verified 2026-08-27

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Frequently Asked Questions About Louisiana § RS 45:1238

What does Louisiana Civil Code § RS 45:1238 cover?

Section RS 45:1238 ("Financing orders including the Louisiana Utilities Restoration Corporation") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 45:1238?

A common citation format is "Louisiana Civil Code § RS 45:1238" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 45:1238 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.