All certificates issued under the provisions of this Sub-part shall be exempt from taxation. They shall be acceptable as security for any deposit of public funds.
La. R.S. 33:3536
Exemption of certificates from taxation; acceptability as security
Acts 1952, No. 379, §16.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.