Louisiana Statutes
§ 39:1112 — Maximum duration; interest
Louisiana § 39:1112
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:1112 (Maximum duration; interest) 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. § 39:1112 (2026).
Text
No bonds issued by any subdivision shall run for a longer period than ten years from the date thereof, or bear a greater rate of interest than six per cent per annum payable annually or semi-annually, or be sold for less than par.
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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; signingCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 39:1112, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1112.