Louisiana HB822 removes a nonprofit entity's authority to appoint board members for economic development districts in municipalities with over.
Louisiana HB822 amends state law to strip a nonprofit entity's power to appoint members to the board of commissioners of economic development districts in large municipalities if the entity is not in good standing with the secretary of state. This change applies to districts in municipalities with a population exceeding 300,000, based on the latest federal census. The bill adds a new section to the Revised Statutes of Louisiana, specifying these limitations on appointments.
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