2011 Louisiana Laws
Revised Statutes
TITLE 39 — Public finance
RS 39:1410.51 — Notes as legal investment and eligible collateral


LA Rev Stat § 39:1410.51 What's This?

§1410.51. Notes as legal investment and eligible collateral

Notwithstanding the provisions of any other statute to the contrary, notes shall be legal investments for any political subdivision or public body of the state and shall be eligible for use as collateral for deposits of public funds.

Acts 1991, No. 827, §1.

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