Louisiana Statutes
§ 39:562.3 — Limit of indebtedness of School District No. Ward 1, of Allen Parish
Louisiana § 39:562.3
JurisdictionLouisiana
Title 39Procurement and Contract
This text of Louisiana § 39:562.3 (Limit of indebtedness of School District No. Ward 1, of Allen Parish) 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. § 39:562.3 (2026).
Text
Subject to having received a loan commitment from the United States of America, Department of Agriculture, Farmer Home Administration, School District No. Ward 1, of parish of Allen, state of Louisiana, may incur debt and issue bonds of said school district for the purposes set out in R.S. 39:554 which, including the existing bonded debt of said school district for such purposes, shall not exceed fifty percent of the total assessed valuation of all property of said school district, including both homestead exempt property and nonexempt property, to be ascertained by the last assessment for said school district previous to delivery of the bonds representing such debt, regardless of the date of the election at which said bonds shall have been voted.
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Legislative History
Added by Acts 1979, No. 85, §1.
Nearby Sections
4
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Bluebook (online)
Louisiana § 39:562.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A562.3.