RS 40:424
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/la/title-40/40-1174A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 40:424
§424. Creditors of agency must consent to decrease
No action may be taken pursuant to R.S. 40:421 if the regional or consolidated housing authority has outstanding bonds, notes, or other evidences of indebtedness, unless all the holders thereof first consent in writing to that action.
Acts 1997, No. 1188, §1.