Subject to the provisions of R.S. 39:1424, bonds of the City and public entities may be sold at the rate or rates set forth in the resolution or other instrument providing for their issuance. Such bonds may be issued at fixed, variable, or adjustable rates or may be noninterest bearing or in the form of capital accretion bonds.
R.S. 39:1036 active rs title
Interest rates ACTIVE
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References
Cited by
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History
- enactment Acts 1985, No. 674, §6, eff. July 16, 1985