Borrowing limitations; waiver; authorization

Checkout our iOS App for a better way to browser and research.

RS 742.1 - Borrowing limitations; waiver; authorization

Notwithstanding the provisions of R.S. 39:741 and 742, the Rogers-Nebo Fire District is authorized to obligate anticipated tax revenues in excess of five years, not to exceed fifteen years, and borrow in excess of seventy-five percent of their estimated tax income, for the express purpose of financing fire-fighting equipment and construction of ancillary permanent structures.

NOTE: §742.1 as repealed by Acts 2018, No. 569, eff. July 1, 2021.

RS 742.1 - Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.

Acts 1987, No. 306, §1, eff. July 5, 1987; Acts 2018, No. 569, §2, eff. July 1, 2021.


Download our app to see the most-to-date content.