Usufruct
R.S. 48:869

Privilege upon bond proceeds ACTIVE

Subject to the provisions of R.S. 48:882, all moneys received from any bridge revenue bonds issued pursuant to this Sub-part shall be applied solely to the payment of the cost of the bridge or bridges or to the appurtenant sinking funds. Until so applied, there is a privilege upon the money in favor of the holders of the bonds or the trustee in respect of the bonds.

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Cite R.S. 48:869

Bluebook
La. Rev. Stat. Ann. § 48:869 (2026).
Permalink
https://theusufruct.com/rs/title-48/section-869
BibTeX
@misc{larevstat-48-869,
  title        = {La. Rev. Stat. Ann. § 48:869},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-48/section-869},
  note         = {Snapshot 2026-05-22}
}