Usufruct
R.S. 33:3975

Exclusion of sewer certificates from municipal debt computation; exemption from taxation; security for public deposits ACTIVE

A. Sewer certificates issued under the provisions of this Sub-part shall not be included in computing the indebtedness of the municipality nor in determining any constitutional or statutory limitations upon the indebtedness of the municipality.

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

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1950, No. 6, §15
  • enactment Acts 1950, No. 6, §16

Section navigation

Cite R.S. 33:3975

Bluebook
La. Rev. Stat. Ann. § 33:3975 (2026).
Permalink
https://theusufruct.com/rs/title-33/section-3975
BibTeX
@misc{larevstat-33-3975,
  title        = {La. Rev. Stat. Ann. § 33:3975},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-33/section-3975},
  note         = {Snapshot 2026-05-22}
}