There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:1109 - Issuing bonds; resolution
LA Rev Stat § 39:1109 What's This?
§1109. Issuing bonds; resolution
After the avails or residue of the general alimony tax of the political subdivisions have been determined as herein provided, the governing authority of the subdivision shall, by resolution, irrevocably pledge and dedicate such residue, reduce to mills or fractions, to the payment of the principal and interest of the bonds authorized and issued.
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