La. Stat. tit. 39 § 560.1
Current with operative changes from the 2024 Third Special Legislative Session
The governing authorities of gas utility districts may sell, lease or mortgage and incur debt and issue bonds of such districts for the purpose of paying all or part of the cost of acquiring, constructing, improving, or extending any properties or facilities authorized by law to be maintained and operated by such districts.
La. R.S. § 39:560.1