Usufruct
R.S. 39:1127

Application of proceeds ACTIVE

The proceeds of the sale of bonds issued under the provisions of this Chapter shall constitute a trust fund to be used exclusively for the purpose for which the bonds are authorized to be issued, but the purchaser of the bonds shall not be obligated to see to the application thereof.

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References

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History

No legislative history recorded.

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Cite R.S. 39:1127

Bluebook
La. Rev. Stat. Ann. § 39:1127 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-1127
BibTeX
@misc{larevstat-39-1127,
  title        = {La. Rev. Stat. Ann. § 39:1127},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-1127},
  note         = {Snapshot 2026-05-22}
}