La. Stat. tit. 38 § 1769

Current with operative changes from the 2024 Third Special Legislative Session
Section 38:1769 - Issuance of bonds

Gravity drainage districts and gravity subdrainage districts created under this Part may as political subdivisions incur debt and issue negotiable bonds payable from an ad valorem tax on the property within the district under the constitution and laws of the state of Louisiana relating to incurring debt and issuing bonds.

La. R.S. § 38:1769