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La. R.S. 48:878

Provisions to protect bondholders

Known as the Bridge Revenue Bond Law

The act spans §§ 48–48 (81 sections).

Either the resolution providing for the issuance of bridge revenue bonds or the trust indenture made in connection therewith may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as are reasonable and proper and not in violation of law.

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