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2021 Louisiana Laws
Revised Statutes
Title 47 - Revenue and Taxation
§9018. Bond; letters of credit or other surety
Universal Citation: LA Rev Stat § 47:9018 (2021)
RS 9018 - Bond; letters of credit or other surety
Whenever a bond is required for the protection of the corporation, letters of credit or other surety approved by the corporation may be utilized in lieu of a bond. All bonds or letters of credit shall be reviewed at least annually as to their solvency and sufficiency.
Acts 1990, No. 1045, §1, eff. Nov. 7, 1990.
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