R.S. 17:2155

Limitations on annual principal and interest requirements ACTIVE

The annual principal and interest requirements of any loan authorized in this Sub-part shall not exceed the amount that the taxes dedicated to the payment thereof might reasonably be expected to yield, nor shall the total principal amount thereof exceed the total amount that might reasonably be expected from the said tax during the time the bonds are outstanding.

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History

No legislative history recorded.

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Cite R.S. 17:2155

Bluebook
La. Rev. Stat. Ann. § 17:2155 (2026).
Permalink
https://theusufruct.com/rs/title-17/section-2155
BibTeX
@misc{larevstat-17-2155,
  title        = {La. Rev. Stat. Ann. § 17:2155},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-17/section-2155},
  note         = {Snapshot 2026-05-22}
}