Usufruct
R.S. 33:3832

Negotiability ACTIVE

A. Waterwork certificates and amortized promissory notes issued hereunder shall have all the requisites of negotiable paper under the law merchant, and shall not be invalid for any irregularity or defect in the proceedings for their issuance, sale or delivery, and shall be incontestable in the hands of bona fide purchasers or holders for value thereof.

B. The provisions of this section are applicable to sewer certificates issued by the Lafourche water district.

C. All work performed under the provisions of this Act 1 shall come under the provisions of R.S. 38:2211.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1962, No. 313, §11
  • amendment Acts 1966, No. 18, §1, eff. June 2, 1966, at 2:32 P.M

Section navigation

Cite R.S. 33:3832

Bluebook
La. Rev. Stat. Ann. § 33:3832 (2026).
Permalink
https://theusufruct.com/rs/title-33/section-3832
BibTeX
@misc{larevstat-33-3832,
  title        = {La. Rev. Stat. Ann. § 33:3832},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-33/section-3832},
  note         = {Snapshot 2026-05-22}
}