Louisiana Administrative Code
Title 28 - EDUCATION
Part IX - Regents.
Chapter 1 - Fiscal Administrator Revolving Loan Fund
Section IX-101 - Definition of Terms

A. For the purpose of this Chapter, the following shall mean:

Application-formal request for loan from the fund for the payment of fiscal administration costs.

Court-the state district court ordering the independent fiscal administration of the political subdivision and appointment of a fiscal administrator pursuant to R.S. 39:1351, et seq.

Estimated Costs-the estimated costs and expenses associated with the independent fiscal administration of the political subdivision, including but not limited to all costs and expenses incurred by the fiscal administrator, the legislative auditor, the attorney general, the state treasurer, an any other persons engaged in connection with the independent fiscal administration.

Fiscal Administration Costs-the actual costs and expenses associated with the independent fiscal administration of the political subdivision, including but not limited to all costs and expenses incurred by the fiscal administrator, the legislative auditor, the attorney general, the state treasurer, an any other persons engaged in connection with the independent fiscal administration.

Fiscal Administrator-the court appointed fiscal administrator pursuant to R.S. 39:1351, et seq.

Fund-the fiscal administrator revolving loan fund, as established in R.S. 39:1357.

Loan-maximum principal amount authorized to the political subdivision from the fund through a loan agreement to the department of treasury for the sole purpose of paying fiscal administration costs.

Loan Agreement-the executed evidence of indebtedness of the political subdivision to repay the loan from the fund.