There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:1272 - Securities purchased may be cashed
LA Rev Stat § 39:1272 What's This?
§1272. Securities purchased may be cashed
The political subdivision may also, at any time that may be deemed advisable, cash and liquidate any or all of the bonds, notes or certificates purchased for any particular fund, and the proceeds of the liquidation shall be credited to the fund from which the bonds, notes or certificates were originally purchased.
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