---
urn: urn:us-la:rs:38:436
citation: "R.S. 38:436"
status: active
breadcrumb: "Title 38 › Chapter 4 › Part VII › Subpart A"
acts_citations:
  - { year: 1985, number: 785, section: 1, effective_date: 1985-07-22, role: enactment }
---

# Sale of bonds for other purposes; disposition of proceeds

Bonds under this Subpart not issued for the purpose of refunding outstanding bonds shall be issued by the state treasurer upon the warrant of the state auditor in pursuance of a resolution of the levee board or levee and drainage board and the proceeds shall be paid into the state treasury to the general account of the levee district or levee and drainage district.