Louisiana Statutes
§ 38:1591 — Certificates as negotiable paper
Louisiana·Title 38 Public Contracts, Works and Improvements
Drainage certificates issued hereunder shall be deemed to possess all the legal requisites of negotiable paper, 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 § 38:1591 (Certificates as negotiable paper) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Acts 1983, No. 708, §1.
Nearby Sections
15
§ 38:1501
Repealed by Acts 2020, No. 25, §1§ 38:1503
Recording in drainage records§ 38:1504
Mortgage certificates§ 38:1521
§ 38:1521§ 38:1541
§ 38:1541§ 38:1543
Acreage tax or forced contribution§ 38:1544
Funding or refunding bonds§ 38:1546
Forced contribution or acreage tax§ 38:1548
Contest of validity of proceedings