Louisiana Statutes
§ 39:551
Louisiana·Title 39 Procurement and Contract
§551. Subdivisions; power to incur debt and issue bonds
Municipal corporations, parishes, school districts, including the Orleans Parish School Board, road, subroad, sewerage, waterworks and subwaterworks, gravity drainage and subdrainage districts except in the city of New Orleans and parish of Orleans, irrigation districts, hospital service districts, fire protection districts, and gas utility districts may incur debt and issue negotiable bonds in the form and manner and subject to the limitations and restrictions contained in Part III of this Chapter and Chapter 6-A of Title 18 1 of the Louisiana Revised Statutes of 1950.
Amended by Acts 1960, No. 416, §2; Acts 1975, No. 146, §2; Acts 1979, No. 42, §1, eff. June 6, 1979.
1 R.S. 18:1281 et seq.
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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