Louisiana Statutes
§ 33:4545.22 — Bonds as legal investments and lawful security
Louisiana § 33:4545.22
JurisdictionLouisiana
Title 33Municipalities and Parishes
This text of Louisiana § 33:4545.22 (Bonds as legal investments and lawful security) 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. § 33:4545.22 (2026).
Text
The bonds issued pursuant to this Chapter shall be and are hereby declared to be legal and authorized investments for banks, savings banks, trust companies, building and loan associations, insurance companies, fiduciaries, trustees, guardians. Such bonds shall be eligible to secure the deposit of any and all public funds of the State and any and all public funds of municipalities, parishes, school districts or other political corporations or subdivisions of the state and such bonds shall be lawful and sufficient security for said deposits to the extent of their value when accompanied by all unmatured coupons appertaining thereto.
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Legislative History
Added by Acts 1979, No. 772, §1, eff. July 20, 1979.
Nearby Sections
15
§ 33:4545.1
§ 33:4545.1§ 33:4545.10
Sale of capacity and output by the Authority§ 33:4545.11
Agreement as to joint ownership of a project§ 33:4545.12
Construction contracts§ 33:4545.13
Bonds of the Authority§ 33:4545.15
Bonds not debts of state or governmental units§ 33:4545.16
Trust agreement; bond resolution§ 33:4545.17
Rates and charges§ 33:4545.18
Trust funds§ 33:4545.19
Bondholders remedies§ 33:4545.2
Declaration of purpose; authority created§ 33:4545.20
Refunding bonds§ 33:4545.21
Status of bonds§ 33:4545.22
Bonds as legal investments and lawful securityCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 33:4545.22, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/33%3A4545.22.