Terms Used In Louisiana Revised Statutes 39:530

  • bonds: means any bonds, notes, warrants, certificates of indebtedness, certificates of participation or other written contracts, agreements, or instruments evidencing the obligation of a governmental entity to repay borrowed money, regardless of the designation thereof. See Louisiana Revised Statutes 39:503

            Governmental entities are authorized to issue bonds to finance works of public improvement secured by local or special assessments imposed pursuant to the provisions of La. Const. Art. VI, § 36 . The certificates shall be issued in accordance with the procedures set forth in Subpart A or B of Part I of Chapter 7 of Title 33 of the Louisiana Revised Statutes of 1950.

            Acts 2018, No. 569, §1, eff. July 1, 2018.