Louisiana Statutes
§ 45:1132 — Bonds; by whom authorized
Louisiana·Title 45 Public Utilities and Carriers
Bonds issued under this Part shall be authorized by resolution of the governing body and shall be payable solely from the income and revenues to be derived from the operation of the utility as hereinafter provided. These bonds shall not constitute an indebtedness or pledge of the general credit of the political subdivision within the meaning of any constitutional or statutory limitation of indebtedness and shall contain a recital to that effect.
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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
Priority among series