A.  The powers and rights conferred by this Chapter shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby, and shall be regarded as supplemental and additional to powers conferred by other general laws and shall not be regarded as in derogation of any powers now existing.  This Chapter does and shall be construed to provide a complete and additional method for the issuance of bonds.  No proceeding, hearing, notice, or approval shall be required for the issuance of any bonds or any instrument as security therefor, except as provided herein.  The provisions of this Chapter shall be liberally construed for the accomplishment of its purposes.

B.  The provisions of this Chapter shall not be applicable in any manner to the Greater New Orleans Expressway Commission or its facilities or any projects or improvements related thereto.

Acts 1997, No. 1017, §1, eff. July 11, 1997.