Louisiana Statutes

§ 17:2155 — Limitations on annual principal and interest requirements

Louisiana § 17:2155
JurisdictionLouisiana
Title 17Credit Union Law

This text of Louisiana § 17:2155 (Limitations on annual principal and interest requirements) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 17:2155 (2026).

Text

The annual principal and interest requirements of any loan authorized in this Sub-part shall not exceed the amount that the taxes dedicated to the payment thereof might reasonably be expected to yield, nor shall the total principal amount thereof exceed the total amount that might reasonably be expected from the said tax during the time the bonds are outstanding.

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Bluebook (online)
Louisiana § 17:2155, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/17%3A2155.