La. Const. art. VI § 40 Bond Issues

• Library: Constitution of the State of Louisiana of 1974
• Currency: Current with changes from the November 3, 2020 election
• Citation: La. Const. art. VI § 40

(A) Authorization. Subject to approval by the State Bond Commission or its successor, the governing authority of a levee district may fund the proceeds of its taxes or other revenues into bonds or other evidences of indebtedness. Proceeds thus derived shall be used for the purposes mentioned in Part III of this Article or for the funding or payment...