Louisiana Statutes
§ 45:1131
Louisiana § 45:1131
JurisdictionLouisiana
Title 45Public Utilities and Carriers
This text of Louisiana § 45:1131 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. § 45:1131 (2026).
Text
§1131. Subdivisions and districts authorized to own utilities and issue bonds
Any political subdivision or taxing district authorized to issue bonds by Article XIV, Section 14 of the Constitution excluding municipal corporations, may construct, acquire, extend or improve any revenue producing public utility, and obtain funds for such purposes and may issue negotiable revenue bonds secured exclusively as to the payment of principal and interest by conventional mortgage on the lands, buildings, machinery and equipment and by pledge of the income and revenue of said public utility sufficient in amount to pay the principal of and the interest on said bonds as they severally mature. Any project or undertaking owned and operated by such political subdivision, or taxing district, and from the con
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Nearby Sections
15
§ 45:1101
Unclaimed freight; sale§ 45:1103
Unclaimed freight; proceeds of sale§ 45:1131
§ 45:1131§ 45:1132
Bonds; by whom authorized§ 45:1133
Form of bond§ 45:1135
Signature on bond§ 45:1136
Sale of bond§ 45:1137
Bonds; mortgage and pledge§ 45:1138
Foreclosure§ 45:1139
Rights of holder of bond§ 45:1140
Title of purchaser§ 45:1141
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Bluebook (online)
Louisiana § 45:1131, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/45%3A1131.