Louisiana § RS 51:2315 - Louisiana Economic Development Fund
Full text of Louisiana Louisiana Civil Code § RS 51:2315 — Louisiana Economic Development Fund, with citation guidance and answers to common questions.
§ RS 51:2315. Louisiana Economic Development Fund
A. There is hereby established within the state treasury a fund to be known as the "Louisiana Economic Development Fund". All monies received by the corporation shall be deposited to the account of the Louisiana Economic Development Fund. Monies received by the corporation pursuant to R.S. 47:318(A) shall be used solely for Louisiana Economic Development - Debt Service and State Commitments.
B. All monies received or appropriated to such fund shall remain in the fund and shall not be returned to the state general fund at the end of any fiscal year.
C.(1) The monies in the Louisiana Economic Development Fund shall be invested by the treasurer in the same manner as monies in the state general fund.
(2) All interest earned on monies from the fund so invested by the state treasurer shall be deposited in the Louisiana Economic Development Fund.
Acts 1991, No. 34, §1, eff. July 1, 1991; Acts 2003, No. 1107, §1, eff. July 2, 2003; Acts 2012, No. 834, §13, eff. July 1, 2012; Acts 2018, No. 612, §17, eff. July 1, 2020; Acts 2019, No. 404, §§1, 12, eff. July 1, 2020.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 51:2315
What does Louisiana Civil Code § RS 51:2315 cover?
Section RS 51:2315 ("Louisiana Economic 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 51:2315?
A common citation format is "Louisiana Civil Code § RS 51:2315" (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 51:2315 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.