Louisiana Statutes

§ 38:1769 — Issuance of bonds

Louisiana·Title 38 Public Contracts, Works and Improvements
Gravity drainage districts and gravity subdrainage districts created under this Part may as political subdivisions incur debt and issue negotiable bonds payable from an ad valorem tax on the property within the district under the constitution and laws of the state of Louisiana relating to incurring debt and issuing bonds.

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