Usufruct
R.S. 39:472

Interest on default in paying certificates of indebtedness ACTIVE

Any certificate of indebtedness issued by any police jury of this state, and any resolution or ordinance authorizing these certificates, shall contain a provision that in case of default in the payment of principal or interest, the principal or interest, as to which there is default, shall bear interest from maturity until paid, at the rate of five per cent per annum.

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Cite R.S. 39:472

Bluebook
La. Rev. Stat. Ann. § 39:472 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-472
BibTeX
@misc{larevstat-39-472,
  title        = {La. Rev. Stat. Ann. § 39:472},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-472},
  note         = {Snapshot 2026-05-22}
}