With respect to levee districts, the commissioner of administration shall:

(1)  Warrant the direct exchange of new for old bonds as outlined in La. Rev. Stat. 38:414.

(2)  Warrant the sale of bonds for redemption of outstanding bonds and for other purposes as outlined in La. Rev. Stat. 38:415 and 38:416.

(3)  Warrant the payment of any interest coupons of levee boards and in so issuing, pursuant to La. Rev. Stat. 38:417, punch twice in the center each and every coupon so paid, and paste the coupons so punched in a book or register to be kept by him for that purpose.

(4)  If there is a failure of the levee board to levy the taxes and local contributions, as provided for in La. Rev. Stat. 38:417 and La. Rev. Stat. 38:418, or in case, from any other cause the taxes and local contributions are not so levied, order the proper officers to extend the taxes upon the assessment rolls of the parishes and parts of parishes composing the levee district, and order the proper officers of the parishes and parts of parishes to collect the taxes and local contributions to an amount sufficient to meet the purposes provided for by La. Rev. Stat. 38:417 and La. Rev. Stat. 38:418.

(5)  Warrant against the various levee district funds for an amount necessary to pay the additional expense of auditing, keeping, and paying the accounts of the funds, shall not exceed twenty-four hundred dollars.

Added by Acts 1976, No. 649, §1.