---
urn: urn:us-la:rs:17:2185
citation: "R.S. 17:2185"
status: active
breadcrumb: "Title 17 › Chapter 11 › Part I › Subpart B"
acts_citations:
  - { year: 1968, number: 331, section: 1, effective_date: null, role: enactment }
---

# Use of loan or bond proceeds

The proceeds derived from any such loan or from the sale of said bonds, notes, or certificates of indebtedness shall be applied to the purpose for which the debt is incurred by the board of supervisors.