Usufruct
R.S. 41:842

Investment in levee bonds ACTIVE

In addition to the investments now authorized by law, the State Auditor and State Treasurer, with the approval of the governor, may invest in levee bonds of this state yielding not less than four per cent per annum interest net, the proceeds of the sale of sixteenth section school lands now on hand, or that may accumulate, in the state treasury.

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Cite R.S. 41:842

Bluebook
La. Rev. Stat. Ann. § 41:842 (2026).
Permalink
https://theusufruct.com/rs/title-41/section-842
BibTeX
@misc{larevstat-41-842,
  title        = {La. Rev. Stat. Ann. § 41:842},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-41/section-842},
  note         = {Snapshot 2026-05-22}
}