Bonds authorized to be issued by the irrigation districts shall be sold at public sale for a price not less than that fixed by law, after advertisement for three weeks, the first advertisement to be at least fifteen days prior to the date set for the sale in the official journal of the parish. The governing authority of the district may reserve the right to reject any and all bids.
La. R.S. 38:2122
Bonds sold at public sale
Known as the Local Government Equipment-Lease-Purchase Act
The act spans §§ 38–38 (168 sections).
Amended by Acts 1968, No. 69, §1.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.