Usufruct
R.S. 39:1112

Maximum duration; interest ACTIVE

No bonds issued by any subdivision shall run for a longer period than ten years from the date thereof, or bear a greater rate of interest than six per cent per annum payable annually or semi-annually, or be sold for less than par.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

No legislative history recorded.

Section navigation

Cite R.S. 39:1112

Bluebook
La. Rev. Stat. Ann. § 39:1112 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-1112
BibTeX
@misc{larevstat-39-1112,
  title        = {La. Rev. Stat. Ann. § 39:1112},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-1112},
  note         = {Snapshot 2026-05-22}
}