Louisiana § RS 51:2320.1 - Conflict of interest prohibited; recusal; exceptions

Full text of Louisiana Louisiana Civil Code § RS 51:2320.1 — Conflict of interest prohibited; recusal; exceptions, with citation guidance and answers to common questions.

§ RS 51:2320.1. Conflict of interest prohibited; recusal; exceptions

            A. No member of the corporation, employee thereof, or employee of Louisiana Economic Development who is provided as staff to the corporation shall either directly or indirectly be a party to or be in any manner interested in any contract or agreement with the corporation for any matter, cause, or thing whatsoever by reason whereof any liability or indebtedness shall in any way be created against such corporation. If any contract or agreement shall be made in violation of the provisions of this Section the same shall be null and void and no action shall be maintained thereon against the corporation.

            B.(1) The prohibition described in Subsection A of this Section shall not apply to a member of the corporation or an employee thereof if the respective member recuses himself from voting on the otherwise prohibited contract or agreement.

            (2) Any member of the corporation who recuses himself from voting pursuant to the provisions of this Subsection shall also be prohibited from participating in any discussion or debate with respect to the otherwise prohibited contract or agreement.

            Acts 1992, No. 1136, §1, eff. Jan. 1, 1994; Acts 2018, No. 308, §1.

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

Frequently Asked Questions About Louisiana § RS 51:2320.1

What does Louisiana Civil Code § RS 51:2320.1 cover?

Section RS 51:2320.1 ("Conflict of interest prohibited; recusal; exceptions") 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 51:2320.1?

A common citation format is "Louisiana Civil Code § RS 51:2320.1" (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 51:2320.1 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.