Usufruct
R.S. 38:459

Repeal or modification of statute to detriment of bonds ACTIVE

This Subpart and all other statutes authorizing levee districts and levee and drainage districts in the state to levy and collect taxes and local contributions or to issue bonds shall not be repealed or modified to the detriment of the bonds authorized by this Subpart, and it is hereby declared that this obligation not to repeal or modify these laws shall be binding upon the state and shall be and form a part of the contract evidenced by the bonds.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

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

Section navigation

Cite R.S. 38:459

Bluebook
La. Rev. Stat. Ann. § 38:459 (2026).
Permalink
https://theusufruct.com/rs/title-38/section-459
BibTeX
@misc{larevstat-38-459,
  title        = {La. Rev. Stat. Ann. § 38:459},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-38/section-459},
  note         = {Snapshot 2026-05-22}
}