Louisiana Statutes

§ 39:461.7 — Limitation on indebtedness

Louisiana § 39:461.7
JurisdictionLouisiana
Title 39Procurement and Contract

This text of Louisiana § 39:461.7 (Limitation on indebtedness) 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. § 39:461.7 (2026).

Text

The total amount of indebtedness outstanding at any one time and the amount appropriated from the state general fund for the current fiscal year by the interim emergency board as authorized by Article VII, Section 7 of the Louisiana Constitution shall not exceed one-tenth of one percent of total state revenue receipts for the previous fiscal year.

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Legislative History

Added by Acts 1982, No. 502, §3.

Nearby Sections

10
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Bluebook (online)
Louisiana § 39:461.7, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A461.7.