Louisiana § RS 48:80 - Louisiana Vertiport Development Fund
Full text of Louisiana Louisiana Civil Code § RS 48:80 — Louisiana Vertiport Development Fund, with citation guidance and answers to common questions.
§ RS 48:80. Louisiana Vertiport Development Fund
A. There is hereby created in the state treasury, as a special fund, the Louisiana Vertiport Development Fund, hereinafter referred to in this Section as the "fund". The fund shall consist of any monies appropriated by the legislature and any grants, gifts, or donations received by the state for purposes of this Section. Monies appropriated or transferred to the fund shall be deposited by the state treasurer after compliance with the provisions of Article VII, Section 9(B) of the Constitution of Louisiana. Monies in the fund shall be invested by the treasurer in the same manner as the state general fund monies. Interest earned on monies in the fund shall be credited to the fund. All unexpended and unencumbered monies and earnings remaining in the fund at the end of the fiscal year shall remain in the fund.
B. The monies in the fund shall be administered by the Department of Transportation and Development and shall be used exclusively to fund the statewide development of vertiports. The Department of Transportation and Development shall develop regulations and guidelines for the distribution and allocation of any monies appropriated to the department pursuant to this Section.
Acts 2024, No. 316, §2.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 48:80
What does Louisiana Civil Code § RS 48:80 cover?
Section RS 48:80 ("Louisiana Vertiport Development Fund") 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 48:80?
A common citation format is "Louisiana Civil Code § RS 48:80" (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 48:80 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.