Louisiana § 33:4127 New Orleans; tax exemption of bonds, investments; use as security; registration

Louisiana Statutes

§ 33:4127 — New Orleans; tax exemption of bonds, investments; use as security; registration

Louisiana § 33:4127

Title 33Municipalities and Parishes

This text of Louisiana § 33:4127 (New Orleans; tax exemption of bonds, investments; use as security; registration) 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. § 33:4127 (2026).

Text

Bonds issued under the authority of R.S. 33:4125 shall be exempt from all taxation for state, parish, municipal or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees and other fiduciaries may invest the funds in their hands in said bonds. Said bonds may be used for deposit with any officer, board, municipality or other political subdivision of the state of Louisiana, in any case where, by present or future laws, deposit or security is required. Said bonds may be registered and released from registry under such rules as the Board of Liquidation, City Debt, may prescribe.

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Bonds issued under the authority of R.S. 33:4125 shall be exempt from all taxation for state, parish, municipal or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees and other fiduciaries may invest the funds in their hands in said bonds. Said bonds may be used for deposit with any officer, board, municipality or other political subdivision of the state of Louisiana, in any case where, by present or future laws, deposit or security is required. Said bonds may be registered and released from registry under such rules as the Board of Liquidation, City Debt, may prescribe.