La. Stat. tit. 2 § 222

Current with operative changes from the 2024 Third Special Legislative Session
Section 2:222 - Limitation on amount to be borrowed

The amount borrowed for and on behalf of any municipality or parish shall in no case exceed seventy-five per cent of the estimated income to be realized from the special tax previously voted in the municipality or parish.

La. R.S. § 2:222