2011 Louisiana Laws
Revised Statutes
TITLE 39 — Public finance
RS 39:615.2 — Sale and advertisement of refunding bonds

LA Rev Stat § 39:615.2 What's This?

§615.2. Sale and advertisement of refunding bonds

When it is advantageous, the issuing authority may sell all of the refunding bonds issued hereunder at not less than par, after advertisement in the manner provided by Act 19. The funds realized from such sale shall be applied exclusively to the payment of the bonds refunded.

Added by Acts 1975, No. 163, §1.

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