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2021 Louisiana Laws
Revised Statutes
Title 47 - Revenue and Taxation
§285. Disposition of collections
Universal Citation: LA Rev Stat § 47:285 (2021)
RS 285 - Disposition of collections
Except as otherwise provided in R.S. 47:284, all monies collected by the secretary under this Chapter, and all interest and penalties thereon, shall be paid to the state treasurer immediately upon receipt and shall be credited to the state general fund; however, the sum of one million dollars annually shall be credited to the Bond Security and Redemption Fund to be used to retire the bonds authorized by Acts 1969, No. 15.
Amended by Acts 1969, No. 124, §2; Acts 1972, Ex.Sess., No. 11, §2; Acts 1997, No. 1126, §1, eff. July 1, 1997.
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