If any municipality is dissolved and its charter surrendered under the provisions of this Subpart, and is, on the day of dissolution, indebted in any sum to any person, the police jury of the parish in which the municipality is situated shall levy such tax as the governing authority of the municipality could have legally levied, for the purpose of liquidating the outstanding indebtedness of the municipality.
La. R.S. 33:259
Tax levy by police jury to liquidate municipal indebtedness
Acts 2016, No. 313, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.