Usufruct
R.S. 38:433

Refunding of outstanding bonds ACTIVE

The refunding of the outstanding bonds of a levee district or levee and drainage district into the bonds authorized by this Subpart may be effected by a direct exchange of bonds or by a negotiation of the bonds authorized by this Subpart, and the application of the proceeds to the payment of redemption of the bonds now outstanding.

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References

None.

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History

  • enactment Acts 1985, No. 785, §1, eff. July 22, 1985

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Cite R.S. 38:433

Bluebook
La. Rev. Stat. Ann. § 38:433 (2026).
Permalink
https://theusufruct.com/rs/title-38/section-433
BibTeX
@misc{larevstat-38-433,
  title        = {La. Rev. Stat. Ann. § 38:433},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-38/section-433},
  note         = {Snapshot 2026-05-22}
}