Certificates issued under the provisions of this Sub-Part shall not be included in computing the indebtedness of the municipality for the purpose of determining any constitutional or statutory limitation of indebtedness.
La. R.S. 33:3464
Coupon certificates not included in limitation of indebtedness
Added by Acts 1970, No. 21, §1, emerg. eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.