There is a newer version of the Louisiana Laws
2011 Louisiana Laws
Revised Statutes
TITLE 47 — Revenue and taxation
RS 47:9018 — Bond; letters of credit or other surety
LA Rev Stat § 47:9018 What's This?
§9018. Bond; letters of credit or other surety
Whenever a bond is required for the protection of the corporation, letters of credit or other surety approved by the corporation may be utilized in lieu of a bond. All bonds or letters of credit shall be reviewed at least annually as to their solvency and sufficiency.
Acts 1990, No. 1045, §1, eff. Nov. 7, 1990.
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