The assessments and the notes executed by the property owners, may be transferred by the municipality, without recourse, to the contractor at their face value and the contractor, or any of his transferees, shall enjoy the lien, privilege, and all other rights herein provided for and accruing to the municipality.
La. R.S. 33:3559
Transfer of assessments and notes to contractor
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.