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La. R.S. 39:1101

FUNDING TAXES FOR NEW INDEBTEDNESS

CHAPTER 5. FUNDING TAXES FOR NEW INDEBTEDNESS

§1101. Subdivisions; grant of power

Parishes and municipal corporations, the city of New Orleans and parish of Orleans excepted, hereinafter referred to as political subdivisions of the state, may fund into bonds the avails or residue of their general alimony tax in the form and manner and subject to the limitations and restrictions contained in this Chapter.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.