RS 33:4321

131 words·~1 min read·/la/title-33/33-2085

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 33:4321

PART II. REFINANCING OR REFUNDING OPERATIONS

SUBPART A. MUNICIPALITIES OTHER THAN NEW ORLEANS

§4321. Refunding or refinancing of bonds secured by income and revenues of public utility

Any municipal corporation (the city of New Orleans excepted), or other political subdivisions which have issued, or may issue bonds for the purpose of constructing, acquiring, extending or improving any revenue producing public utility under the provisions of Sub-parts B and C of Part I of this Chapter, may for the purpose of refunding or refinancing the bonds outstanding and without submitting the matter to a vote in the municipality or political subdivision, issue bonds secured in the manner set forth in the statute under which the bonds being refunded or refinanced were originally issued.

Amended by Acts 1962, No. 261, §1.