2011 Louisiana Laws
TITLE 39 — Public finance
RS 39:742.3 — Fire district no. 8; borrowing limitations; waiver; authorization
§742.3. Fire District No. 8; borrowing limitations; waiver; authorization
Notwithstanding the provisions of R.S. 39:741 and 742, Fire District No. 8 in Natchitoches Parish is authorized to obligate anticipated tax revenues in excess of five years, not to exceed ten years, and to borrow in excess of seventy-five percent of their estimated tax income, for the express purpose of constructing ancillary permanent structures and financing firefighting equipment.
Acts 1990, No. 541, §1.
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