Louisiana Statutes
§ 39:1410.51 — Notes as legal investment and eligible collateral
Louisiana § 39:1410.51
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:1410.51 (Notes as legal investment and eligible collateral) 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. § 39:1410.51 (2026).
Text
Notwithstanding the provisions of any other statute to the contrary, notes shall be legal investments for any political subdivision or public body of the state and shall be eligible for use as collateral for deposits of public funds.
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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 § 39:1410.51, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1410.51.