RS 39:461.7
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/la/title-39/39-744A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 39:461.7
§461.7. Limitation on indebtedness
The total amount of indebtedness outstanding at any one time and the amount appropriated from the state general fund for the current fiscal year by the interim emergency board as authorized by Article VII, Section 7 of the Louisiana Constitution shall not exceed one-tenth of one percent of total state revenue receipts for the previous fiscal year.
Added by Acts 1982, No. 502, §3.