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Form a Business

Distribution of proceeds; formula

La. R.S. 47:2609
in effect
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47:2609. Distribution of proceeds; formula A. Subject to the exceptions contained in Article VII, Section 9(A) of the Constitution of Louisiana, all proceeds, penalties, and interest received from the tax imposed under the provisions of this Part shall be paid into the state treasury and, after compliance with the requirements of Article VII, Section 9(B) of the Constitution of Louisiana, relative to the Bond Security and Redemption Fund, shall be credited to the state general fund. B, C. Repealed by Acts 2001, No. 1182, §12, eff. July 1, 2001. Acts 1990, No. 90, §1, eff. Jan. 1, 1991; Acts 1997, No. 658, §2; Acts 2001, No. 1182, §§7 and 12, eff. July 1, 2001.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=101655Fetched: 10/20/2026

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La. R.S. 47:2609 — Distribution of proceeds; formula | Louisiana Revised Statutes, Codes and Constitution (through the 2025 First Extraordinary Session) | Corpus