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Code · Louisiana · Title 17 — Education

RS 17:2189

92 words·~1 min read·/la/title-17/17-526

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RS 17:2189
§2189. Privilege on funds and revenues dedicated for payment of obligation
Any person, firm, corporation or association of persons holding any of said bonds, notes or certificates shall have a first lien and privilege on such funds and revenues as shall be dedicated by the board of supervisors for the payment of the interest and principal thereof, and the interest and principal shall be paid out of the revenues and funds by preference over all other claims against or obligations of the board of supervisors.
Acts 1968, No. 331, §1.
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