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Pursuant to La. R.S. 42:1112A and B(3),members of the ADRA are prohibited from participating <br /> in transactions involving the ADRA in which the member andJor a person in which the member is <br /> an officer, director, trustee, partner, or employee has a substantial economic interest. Since the <br /> members of the ADRA do not have a personal substantial economic interest in the proposed lease <br /> agreement between the ADRA and LASACT;and,they are not an officer,director,trustee,partner, <br /> or employee of LASACT, the ADRA members are not prohibited from participating in the vote <br /> on the lease agreement between ADRA and LASACT. <br /> CONCLUSION <br /> The Board concluded and instructed me to inform you that the Code does not prohibit members of <br /> the ADRA from being members of LASACT while LASACT seeks to or enters into a lease <br /> agreement with ADRA; nor, prohibit the ADRA members from participating in a vote involving <br /> the lease agreement between the ADRA and LASACT. <br /> This advisory opinion is based solely on the facts as set forth herein. Chas�ges to the facts as <br /> presented may result in a different application of the provisions of the Louisiana Code of <br /> Governmental Ethics. The Board issues no opinion as to past conduct or as to laws other than the <br /> Louisiana Code of Governmental Ethics, the Campaign Finance Disclosure Act, the Lobbyist <br /> Disclosure Act, and the conflict of interest provisions contained in the Louisiana Gaming Control <br /> Law. If you have any questions,please contact me at(800) 842-6630 or(225) 219-5600. <br /> Sincerely, <br /> LOU TANA BOARD OF THI S <br /> � F % <br /> Tracy M. B �}�er <br /> For the Boa�'d <br /> Page 4 of 4(BD 2025-128) <br />