2015 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:691 - Refunding bonds

LA Rev Stat § 39:691 (2015) What's This?

SUBPART E. REFUNDING BONDS WITHOUT AN ELECTION

§691. Refunding bonds

For the purpose of readjusting, refunding, extending, or unifying the whole or any part of its outstanding bonds and certificates of indebtedness, municipal corporations, parishes and school, road, subroad, sewerage, drainage, subdrainage (waterworks and subwaterworks) districts, irrigation districts, and any parish school board shall have full power and authority to issue negotiable interest bearing refunding bonds in an amount not exceeding the amount of bonds and certificates of indebtedness to be refunded, and the interest due thereon.

Added by Acts 1975, No. 153, §1.

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