Louisiana Statutes
§ 33:3991 — Certificates as negotiable paper
Louisiana·Title 33 Municipalities and Parishes
Sewerage certificates issued hereunder shall have all the requisites of negotiable paper under the law merchant, and shall not be invalid for any irregularity or defect in the proceedings for their issuance, sale or delivery, and shall be incontestable in the hands of bona fide purchasers or holders for value thereof.
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Louisiana § 33:3991 (Certificates as negotiable paper) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Acts 1950, No. 462, §11.
Nearby Sections
15
§ 33:3911
§ 33:3911§ 33:3912
Powers of sewerage districts§ 33:3914
Tax to maintain sewerage system§ 33:3915
Sewerage districts under prior laws§ 33:3931
§ 33:3931§ 33:3932
Authority to enlarge or consolidate§ 33:3933
Powers of sewerage districts§ 33:3936
Failure to authorize bond issue§ 33:3951
§ 33:3951