Louisiana Statutes

§ 39:1443 — Effect of defeasance

Louisiana § 39:1443
JurisdictionLouisiana
Title 39Procurement and Contract

This text of Louisiana § 39:1443 (Effect of defeasance) 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. § 39:1443 (2026).

Text

Securities of the public entity which have been defeased as provided in R.S. 39:1442 shall no longer be considered as outstanding in computing any constitutional or statutory debt limitation with respect to the issuance of securities by such entity, and the public entity shall be released from the covenants, agreements, and obligations contained in the instrument authorizing such securities.

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Legislative History

Added by Acts 1978, No. 381, §1, eff. July 12, 1978.

Nearby Sections

15
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Bluebook (online)
Louisiana § 39:1443, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A1443.