In addition to the security given by the pledge of tolls as set forth in R.S. 48:913, the certificates of indebtedness shall be valid and subsisting obligations of the municipality or parish, or both, as the case may be.
La. R.S. 48:914
Certificates to be valid obligations
Known as the Bridge Revenue Bond Law
The act spans §§ 48–48 (81 sections).
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.