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ACT No. 483
Regular Session, 2010
HOUSE BILL NO. 719
BY REPRESENTATIVE RICHMOND
AN ACT1
To enact Part IV of Chapter 29 of Title 33 of the Louisiana Revised Statutes of 1950, to be2
comprised of R.S. 33:9098.1, relative to neighborhood districts; to provide relative3
to district funds; to authorize the governing board of certain districts to combine the4
funds of their respective districts pursuant to a cooperative endeavor agreement,5
subject to limitations; to require the prior approval of members of the homeowners6
association located within each such district; to provide for the use of the combined7
funds; and to provide for related matters.8
Be it enacted by the Legislature of Louisiana:9
Section 1. Part IV of Chapter 29 of Title 33 of the Louisiana Revised Statutes of10
1950, comprised of R.S. 33:9098.1, is hereby enacted to read as follows: 11
PART IV. DISTRICT FUNDS12
ยง9098.1. District funds; cooperative endeavor agreement13
A. Notwithstanding any other provision of law to the contrary, the board of14
commissioners of any district created pursuant to this Chapter may, through a15
cooperative endeavor agreement, combine the funds of the district with the funds of16
one or more districts created pursuant to this Chapter; however, the board of17
commissioners of any such district shall not combine its funds with the funds of a18
district whose boundaries are located greater than one mile from its own. The19
combined funds may be used for any of the stated purposes of any district that is a20
party to the cooperative endeavor agreement.21
B. Prior to the board of commissioners taking any action to combine the22
funds of a district with the funds of another district as authorized in Subsection A of23
this Section, any such action shall be approved by a majority of the members of the24 ENROLLEDHB NO. 719
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homeowners association of each such district who are present and voting at a1
meeting of the association.2
Section 2. This Act shall become effective on July 1, 2010; if vetoed by the governor3
and subsequently approved by the legislature, this Act shall become effective on July 1,4
2010, or on the day following such approval by the legislature, whichever is later.5
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: