Terms Used In Louisiana Revised Statutes 40:1139.9

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

            The ambulance service district is hereby declared to be a political subdivision of the state. For carrying out the purposes of the ambulance service district as provided in this Part, the district, pursuant to the provisions of thethe Louisiana Constitution of 1974, shall have the power to incur debt and issue general obligation bonds or revenue.

            Acts 2010, No. 887, §1, eff. July 2, 2010; Redesignated from La. Rev. Stat. 40:1236.29 by HCR 84 of 2015 R.S.