Louisiana Statutes
§ 39:1040 — Credit enhancement devices
Louisiana § 39:1040
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:1040 (Credit enhancement devices) 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. § 39:1040 (2026).
Text
The City and public entities may, in connection with the sale of bonds, use municipal bond insurance, bank guarantees, surety bonds, letters of credit, and other devices to enhance the credit quality of the bonds, the cost of which credit enhancement devices may be paid from the proceeds of the bonds or other lawfully available funds.
{{NOTE: SEE ACTS 1985, NO. 674, §§14 - 17.}}
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Legislative History
Acts 1985, No. 674, §10, eff. July 16, 1985.
Nearby Sections
15
§ 39:100.1
§ 39:100.1§ 39:100.101
Power-Based Violence and Safety Fund; purpose§ 39:100.112
Revenue Stabilization Trust Fund§ 39:100.113
Repealed by Acts 2013, No. 184, §13§ 39:100.114
Repealed by Acts 2013, No. 184, §13§ 39:100.115
Repealed by Acts 2013, No. 184, §13§ 39:100.116
Dedication of mineral revenues§ 39:100.117
Repealed by Acts 2013, No. 184, §13§ 39:100.118
Local Revenue Fund§ 39:100.121
Capital Outlay Savings Fund§ 39:100.123
Construction Subfund Preservation AccountCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 39:1040, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1040.