SUBPART B. REFUNDING BONDS
NOTE: §611 eff. until July 1, 2021. See Acts 2018, No. 569.
§611. Authority to issue refunding bonds; purpose
For the purpose of readjusting, refunding, extending, and unifying the whole or any part of its outstanding indebtedness, including bonds supported by special taxes, bonds issued under the constitution of 1913, Article 281, Section 4, bonds issued under Article XIV, Section 14(e) of the constitution of 1921, bonds assumed under Article XIV, Section 14(k) of the constitution of 1921, and any general indebtedness existing January 1, 1921, the governing authority of any subdivision, where approval of the issuance at an election is required, may issue refunding bonds under the provisions of this Subpart not exceeding in amount the principal sum of the bonds or indebtedness refunded and the interest due thereon, when authorized by a vote of a majority of the qualified electors voting at a special election held under the provisions of Act No. 18 of the First Extraordinary Session of 1975, [R.S. 39:501 to 39:514].
NOTE: §611 as repealed by Acts 2018, No. 569, eff. July 1, 2021.
§611. Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.
Amended by Acts 1975, No. 163, §1; Acts 2018, No. 569, §2, eff. July 1, 2021.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.