---
urn: urn:us-la:rs:33:3536
citation: "R.S. 33:3536"
status: active
breadcrumb: "Title 33 › Chapter 7 › Part I › Subpart G-1"
acts_citations:
  - { year: 1952, number: 379, section: 16, effective_date: null, role: enactment }
---

# Exemption of certificates from taxation; acceptability as security

All certificates issued under the provisions of this Sub-part shall be exempt from taxation. They shall be acceptable as security for any deposit of public funds.