No action may be taken pursuant to R.S. 40:421 if the regional or consolidated housing authority has outstanding bonds, notes, or other evidences of indebtedness, unless all the holders thereof first consent in writing to that action.
R.S. 40:424 active rs title
Creditors of agency must consent to decrease ACTIVE
Actions
References
Cited by
None.
History
- enactment Acts 1997, No. 1188, §1