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2018 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:742.1 - Borrowing limitations; waiver; authorization
Universal Citation: LA Rev Stat § 39:742.1 (2018)
NOTE: §742.1 eff. until July 1, 2021. See Acts 2018, No. 569.
§742.1. Borrowing limitations; waiver; authorization
Notwithstanding the provisions of R.S. 39:741 and 742, the Rogers-Nebo Fire District is authorized to obligate anticipated tax revenues in excess of five years, not to exceed fifteen years, and borrow in excess of seventy-five percent of their estimated tax income, for the express purpose of financing fire-fighting equipment and construction of ancillary permanent structures.
NOTE: §742.1 as repealed by Acts 2018, No. 569, eff. July 1, 2021.
§742.1. Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.
Acts 1987, No. 306, §1, eff. July 5, 1987; Acts 2018, No. 569, §2, eff. July 1, 2021.
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