Louisiana Statutes
§ 39:512 — Bonds negotiable and incontestable
Louisiana·Title 39 Procurement and Contract
§512. Bonds negotiable and incontestable
Bonds issued under this Part shall have all the qualities of negotiable paper and shall
not be invalid for any irregularity or defect in the proceedings for their issuance and sale, and
shall be incontestable in the hands of bona fide purchasers or owners for value.
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Legislative History
Acts 2018, No. 569, §1, eff. July 1, 2018.
Nearby Sections
15
§ 39:501
Designation§ 39:502
Purposes, rules of construction§ 39:503
Definitions§ 39:504
Statutory lien§ 39:506
Rights of bondholders§ 39:509
Peremption§ 39:510
Notice of default