---
urn: urn:us-la:rs:12:966
citation: "R.S. 12:966"
status: active
breadcrumb: "Title 12 › Chapter 10"
acts_citations:
  - { year: 1969, number: 49, section: 16, effective_date: null, role: enactment }
---

# Pledge of state credit prohibited

Under no circumstances shall the credit of the state be pledged to any corporation organized under the provisions of this Chapter.