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Lai. R.S. 42:1102(7) defines "controlling interest" to mean any ownership in any legal entity or <br /> beneticial interest in a trust, held by or on behalf of an individual or a member of his immediate <br /> E.,tnil,y, either individually or collectively, which exceeds twenty-five percent of that legal entity. <br /> La. I .S. 4-2:1102(17)(a) defines"public employee"to mean any person, whether compensated or <br /> not who is: (i; an administrative officer or official of a governmental entity who is not filling an <br /> clective office; (ii) appointed by any elected official when acting in an official capacity, and the <br /> app Diintment i 9 to a post or position wherein the appointee is to serve the governmental entity or <br /> an agency thereof, either as a member of an agency, or as an employee thereof; (iii) engaged in the <br /> pc;rlormance of a governmental function; (iv) under the supervision or authority of an elected <br /> offi:;ia.l or another employee of the governmental entity. <br /> Lal. 11I.S. 4.2;,,1102(18) defines "public servant"to mean a public employee or elected official. <br /> ANALYSIS <br /> lHiir•ed as an HPD employee, Mr. Stephenson would be a public employee pursuant to La. R.S. <br /> 42: .102(17)(a), and also a public servant pursuant to La. R.S. 42:1102(18). His agency is HPD, <br /> pursuant to I.E.. R.S. 42:1102(2)(a)(i). <br /> La. R.S. 42:V 13A prohibits a public servant or an entity in which they have controlling interest <br /> frora entering in to a transaction which is under the supervision or jurisdiction of their agency. As <br /> trie owner of the Company, Mr. Stephenson has a controlling interest in the Company. <br /> Accordingly, as Mr. Stephenson's agency is HPD, the Company is prohibited from entering into <br /> trap sa.ctions with HPD, but not prohibited from entering into transactions with the Town, to the <br /> exaent such Lmnsactions are not under the supervision or jurisdiction of HPD. Accordingly, Town <br /> employees would not be prohibited from making payments to the Company pursuant to La. R.S. <br /> CONCLUSION <br /> The }hoard concluded,and instructed me to inform you,that the Code of Governmental Ethics does <br /> not lrr,ohibit the Town from entering into transactions with the Company, to the extent the <br /> transactions are, not under the supervision or jurisdiction of HPD. <br /> Cl-ianges to the facts as presented may result in a different application of the provisions of the <br /> Lae.isiana Ccxle of Governmental Ethics. The Board issues no opinion as to past conduct or as to <br /> haws other than the Louisiana Code of Governmental Ethics, the Campaign Finance Disclosure <br /> P,ct,t:lie Lobbvist Disclosure Acts,and the conflict of interest provisions contained in the Louisiana <br /> (3ara:u►g Control Law. If you have any questions, please contact me at (800) 842-6630 or (225) <br /> 219-5600. <br /> S irJ1,0L) <br /> t-Tel <br /> l'qABOARD OF ETHICS <br /> Chc.rles E. Cie.-ves, Jr. <br /> For the Board <br /> Page 2 of 2 (BD 2026-030) <br />