---
urn: urn:us-la:rs:39:1109
citation: "R.S. 39:1109"
status: active
breadcrumb: "Title 39 › Subtitle II › Chapter 5"
acts_citations:
---

# Issuing bonds; resolution

After the avails or residue of the general alimony tax of the political subdivisions have been determined as herein provided, the governing authority of the subdivision shall, by resolution, irrevocably pledge and dedicate such residue, reduce to mills or fractions, to the payment of the principal and interest of the bonds authorized and issued.