§ 40:600.99 — Approval of issuance of bonds by State Bond Commission

Louisiana § 40:600.99

• Jurisdiction: Louisiana
• Title 40: Public Health and Safety

Text

The approval of the State Bond Commission shall be obtained prior to the issuance of any bonds of the corporation. No notice to, or consent or approval by, any other governmental body or public officer shall be required as a prerequisite to the issuance, sale, or delivery of any bonds of the corporation, or to the making of any loans by the corporation to lending institutions, or to the purchase of insured mortgage loans by the corporation from lending institutions, or to the insurance by the corporation of any mortgage loan with respect to residential housing, or to the exercise of any other public function or corporate power of the corporation, except as is expressly provided in this Chapter.

Legislative History

Acts 2011, No. 408, §1, eff. July 5, 2011.