As used in this Part, the following terms shall have the following meanings:

(1)  “Bonds” means and includes bonds, notes, certificates, or other written obligations for the repayment of borrowed money.

(2)  “Board of Liquidation” means the Board of Liquidation, City Debt, of the city of New Orleans, Louisiana.

(3)  “City” means the city of New Orleans, Louisiana.

(4)  “Council” means the council of the city of New Orleans or its successor in function.

(5)  “Majority of the members” or “majority of its members” or “two-thirds of the members”, when used in connection with a vote by the respective members of the council, the Board of Liquidation, or the governing authority of any public entity, shall mean a majority or two-thirds of the members of the respective bodies holding office at the time such a vote is taken, as the case may be.

(6)  “Public entities” means the Board of Liquidation, City Debt, and all of the agencies, boards, authorities, and commissions of the City (except the Sewerage and Water Board) collectively.

(7)  “Public entity” means the Board of Liquidation, City Debt, and any agency, board, authority, or commission of the City except the Sewerage and Water Board.

(8)  “State” means the state of Louisiana.

Acts 1985, No. 674, §2, eff. July 16, 1985.

{{NOTE:  SEE ACTS 1985, NO. 674, §§14 – 17.}}