Louisiana Statutes

§ 34:3162.2 — Limited tax bonds

Louisiana § 34:3162.2
JurisdictionLouisiana
Title 34Navigation and Shipping

This text of Louisiana § 34:3162.2 (Limited tax bonds) 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. § 34:3162.2 (2026).

Text

The Caddo-Bossier Parishes Port Commission may anticipate the revenues to be realized from special ad valorem taxes voted pursuant to the provisions of the constitution and the statutes of the state of Louisiana, in the manner provided by R.S. 39:742.2. Such a borrowing shall be evidenced by certificates of indebtedness or limited tax bonds of the commission, such certificates of indebtedness or limited tax bonds to be payable solely from and secured by an irrevocable pledge and dedication of the revenues of such tax. The commission may anticipate the revenue of a special ad valorem tax for a period of up to twenty-five years or the remaining number of years for which the tax is authorized, whichever is less.

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Legislative History

Acts 1994, No. 9, §1, eff. June 7, 1994.

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Bluebook (online)
Louisiana § 34:3162.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/34%3A3162.2.