Louisiana Statutes
§ 39:1127 — Application of proceeds
Louisiana § 39:1127
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:1127 (Application of proceeds) 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. § 39:1127 (2026).
Text
The proceeds of the sale of bonds issued under the provisions of this Chapter shall constitute a trust fund to be used exclusively for the purpose for which the bonds are authorized to be issued, but the purchaser of the bonds shall not be obligated to see to the application thereof.
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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 § 39:1127, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1127.