Louisiana Statutes

§ 39:1043 — Exemption from taxation; eligibility for investment

Louisiana·Title 39 Procurement and Contract
Bonds issued under the authority of this Part shall be exempt from all taxation for state, parish, municipal, or other purposes. The bonds shall be legal and authorized investments for banks, savings banks, insurance companies, homestead and building and loan associations, tutors of minors, curators of interdicts, trustees, and other fiduciaries. The bonds may be used for deposit with any officer, board, municipality, or other political subdivision of the state, in any case where, by present or future laws deposit or security is required. {{NOTE: SEE ACTS 1985, NO. 674, §§14 - 17.}}

Free access — add to your briefcase to read the full text and ask questions with AI

Louisiana § 39:1043 (Exemption from taxation; eligibility for investment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1985, No. 674, §13, eff. July 16, 1985.

Nearby Sections

15
View on official source ↗