{
  "urn": "urn:us-la:rs:40:424",
  "title_number": "40",
  "section_number": "424",
  "citation": "R.S. 40:424",
  "heading": "Creditors of agency must consent to decrease",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "40",
      "name": "PUBLIC HEALTH AND SAFETY"
    },
    {
      "level": "chapter",
      "number": "3",
      "name": "HOUSING AUTHORITIES AND SLUM CLEARANCE"
    },
    {
      "level": "part",
      "number": "I",
      "name": "HOUSING AUTHORITIES LAW"
    },
    {
      "level": "subpart",
      "number": "C",
      "name": "GENERAL PROVISIONS; REGIONAL AND CONSOLIDATED AUTHORITIES"
    }
  ],
  "breadcrumb": "Title 40 › Chapter 3 › Part I › Subpart C",
  "acts_citations": [
    {
      "act_year": 1997,
      "act_number": 1188,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1997, No. 1188, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=98465",
  "website_law_id": 98465,
  "scrape_timestamp": "2026-05-22T23:12:17Z",
  "source_html_hash": "sha256:412780ca460336a85dd1a2b9ccf17f8ff06d5a874284dd0f7180588624fc451b",
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}