Louisiana Revised Statutes 39:1036 – Interest rates
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Terms Used In Louisiana Revised Statutes 39:1036
- Bonds: means and includes bonds, notes, certificates, or other written obligations for the repayment of borrowed money. See Louisiana Revised Statutes 39:1032
- City: means the city of New Orleans, Louisiana. See Louisiana Revised Statutes 39:1032
- 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. See Louisiana Revised Statutes 39:1032
Subject to the provisions of La. Rev. Stat. 39:1424, bonds of the City and public entities may be sold at the rate or rates set forth in the resolution or other instrument providing for their issuance. Such bonds may be issued at fixed, variable, or adjustable rates or may be noninterest bearing or in the form of capital accretion bonds.
Acts 1985, No. 674, §6, eff. July 16, 1985.
{{NOTE: SEE ACTS 1985, NO. 674, §§14 – 17.}}