Borrowing by parishes and municipalities in anticipation of regular revenues

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RS 745 - Borrowing by parishes and municipalities in anticipation of regular revenues

Parishes and municipalities, the parish of Orleans and the city of New Orleans excepted, in order to pay their current expenses for any year, may anticipate the revenues for such year and they may borrow money to pay such expense and issue negotiable certificates of indebtedness to cover the loan.

NOTE: §745 as repealed by Acts 2018, No. 569, eff. July 1, 2021.

RS 745 - Repealed by Acts 2018, No. 569, §2, eff. July 1, 2021.

Acts 2018, No. 569, §2, eff. July 1, 2021.


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