---
urn: urn:us-la:rs:39:1036
citation: "R.S. 39:1036"
status: active
breadcrumb: "Title 39 › Subtitle II › Chapter 4 › Part XIV"
acts_citations:
  - { year: 1985, number: 674, section: 6, effective_date: 1985-07-16, role: enactment }
---

# Interest rates

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.