{
  "urn": "urn:us-la:rs:38:433",
  "title_number": "38",
  "section_number": "433",
  "citation": "R.S. 38:433",
  "heading": "Refunding of outstanding bonds",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "38",
      "name": "PUBLIC CONTRACTS, WORKS AND IMPROVEMENTS"
    },
    {
      "level": "chapter",
      "number": "4",
      "name": "LEVEE DISTRICTS"
    },
    {
      "level": "part",
      "number": "VII",
      "name": "BOND ISSUES"
    },
    {
      "level": "subpart",
      "number": "A",
      "name": "BONDS IN LIEU OF THOSE PREVIOUSLY AUTHORIZED"
    }
  ],
  "breadcrumb": "Title 38 › Chapter 4 › Part VII › Subpart A",
  "acts_citations": [
    {
      "act_year": 1985,
      "act_number": 785,
      "section": 1,
      "effective_date": "1985-07-22",
      "effective_date_raw": "July 22, 1985",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1985, No. 785, §1, eff. July 22, 1985. {{NOTE: REGARDING R.S. 38:431-436, SEE ALSO R.S. 38:1117(A)(3) AS PER ACTS 1985, NO. 466, §2, WHICH MAY BE CONFLICTING.}}",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=95596",
  "website_law_id": 95596,
  "scrape_timestamp": "2026-05-22T23:09:49Z",
  "source_html_hash": "sha256:8d4207e869d22ba48e35f7f58b6d16a9ba44a3bde73746200015fabdf4386e24",
  "schema_version": "1.0.0"
}