Louisiana Statutes
§ 39:1410.49 — Investment of proceeds; income therefrom
Louisiana § 39:1410.49
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:1410.49 (Investment of proceeds; income therefrom) 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. § 39:1410.49 (2026).
Text
The state treasurer is authorized to invest and reinvest the proceeds of the notes in any securities which are legal investments for the state general fund. The income from any such investment shall be credited to the state general fund and shall be retained therein for application for any purpose for which said fund is created or used to pay debt service on the notes.
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Legislative History
Acts 1991, No. 827, §1.
Nearby Sections
15
§ 39:1410
Transfer of certain functions of the State Bond Commission to the division of administration§ 39:1410.31
§ 39:1410.31§ 39:1410.32
Certificate of "impossibility or impracticality"§ 39:1410.33
Notification to legislators§ 39:1410.41
§ 39:1410.41§ 39:1410.42
Definitions§ 39:1410.43
Authority to issue and sell notes§ 39:1410.45
Form and terms of notes§ 39:1410.46
Execution of notes§ 39:1410.47
Manner of sale of notesCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 39:1410.49, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1410.49.