§ 2-787. Acceptance of beneficial interest.

In accordance with the provisions of the trust indenture and the Louisiana Public Trust Law contained in Chapter 2-A of Title 9 of the Louisiana Revised Statutes of 1950, as amended (the "act"), the parish council, on behalf of the parish, hereby accepts the beneficial interest in the authority, created by virtue of the execution of the trust indenture annexed hereto as exhibit "A" and does hereby constitute and establish the parish as the beneficiary of the trust. The chairman and clerk of the parish council are hereby authorized and directed to sign the executed trust indenture evidencing the acceptance of such beneficial interest in the authority by the parish.

(Code 1961, § 2-45.15(b))