Louisiana Statutes

§ 38:1575 — No dissolution without consent of bondholders or retirement of bonds

Louisiana § 38:1575
JurisdictionLouisiana
Title 38Public Contracts, Works and Improvements

This text of Louisiana § 38:1575 (No dissolution without consent of bondholders or retirement of 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. § 38:1575 (2026).

Text

If the drainage district or subdrainage district has bonds issued and outstanding, the resolution dissolving the drainage district or subdrainage district shall not become effective until the holders of all outstanding bonds have filed with the governing authority thereof their written consent to the dissolution or until the outstanding bonded indebtedness has been retired.

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Bluebook (online)
Louisiana § 38:1575, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/38%3A1575.