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April 16, 2019 <br /> Jonathan Gaspard <br /> Ethics Board Docket No. 2019-260 <br /> Page 2 <br /> same into the minutes or record of the local depositing authority and by forwarding a disclosure form <br /> to the Board of Ethics. <br /> Conclusion <br /> The Board concluded,and instructed me to inform you,that the Code of Governmental Ethics would <br /> not prohibit Jacqueline Lemoine from receiving any thing of economic value from Cottonport Bank <br /> if the Avoyelles Water Commission places funds into a Certificate of Deposit with Cottonport Bank <br /> since the Avoyelles Water Commission is a local depositing authority and La.R.S.39:1233.1 creates <br /> an exception for such scenarios. Additionally, Rebecca Lemoine would not be prohibited from <br /> receiving things of economic value from Cottonport Bank if the Commission places funds into a <br /> Certificate of Deposit since Albin Lemoine would not be receiving a thing of economic value from <br /> Cottonport Bank. However,Rebecca Lemoine and Jacqueline Lemoine would be required to file a <br /> disclosure every year by Mayl 5th in accordance with La.R.S.42:1114A disclosing income received <br /> from the bank in the prior calendar year. Please see the attached form. <br /> This advisory opinion is based solely on the facts as set forth herein. Changes to the facts presented <br /> may result in a different application of the provisions of the Code of Ethics. The Board issues no <br /> opinion as to past conduct or laws other than Code of Governmental Ethics. If you have any <br /> questions, please contact me at(225)219-5600 or(800) 842-6630. <br /> Sincerely, <br /> LO/ISIANA BOARD OF ETHICS <br /> i , ' <br /> , <br /> racy er <br /> For the : •and <br /> Attachment <br />