2014 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:1020 - Bonds; multiple projects

LA Rev Stat § 39:1020 What's This?

§1020. Bonds; multiple projects

The governing body of the political subdivision, in its discretion, may authorize bonds or other debt obligations, payable from the revenues to be derived from two or more works of public improvement owned by the subdivision and bonds or other debt obligations may be so issued for the purpose of constructing, acquiring, extending, or improving any one or more of those works of public improvements. Any bonds or other debt obligations so issued shall be secured in the manner provided in this Part on the property of such works of public improvement in the same manner as provided in those instances where bonds or other debt obligations are issued payable from the revenues of one work of public improvement only.

Added by Acts 1977, No. 706, §1.

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