Louisiana Revised Statutes 30:179.14 – Prior agreements not affected
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Terms Used In Louisiana Revised Statutes 30:179.14
- 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.
No provision of La. Rev. Stat. 30:179.11 to 30:179.14 shall be construed to impair any obligation of any agreement made and entered into within the authority and pursuant to the provisions either of Act 38 of 1956 or 352 of 1958, or Act 9 of 1962, and any such agreement made pursuant to and within the authority of any of said Acts is hereby ratified, validated and confirmed.
Acts 1964, No. 311, §4.