Louisiana Statutes
§ 39:1109 — Issuing bonds; resolution
Louisiana·Title 39 Procurement and Contract
After the avails or residue of the general alimony tax of the political subdivisions have been determined as herein provided, the governing authority of the subdivision shall, by resolution, irrevocably pledge and dedicate such residue, reduce to mills or fractions, to the payment of the principal and interest of the bonds authorized and issued.
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Nearby Sections
15
§ 39:11
§ 39:11§ 39:1101
§ 39:1101§ 39:1102
Governing authorities§ 39:1103
Parish purposes§ 39:1104
Municipal purposes§ 39:1105
Resolution and notice of intention§ 39:1109
Issuing bonds; resolution§ 39:111
Capital outlay budget submission§ 39:1112
Maximum duration; interest§ 39:1113
Form of bond; signing