TITLE 41. PUBLIC LANDS

CHAPTER 6. SCHOOL LANDS

PART III. SALE OF SCHOOL LANDS
SUBPART D. PROCEEDS OF SALE

41:843        Registration of bonds

 The State Auditor and the State Treasurer shall keep a distinct book wherein to register all bonds which are acquired by investment of proceeds of the sales of sixteenth section school lands, and shall write or stamp in legible characters on the face of the bonds the words, "The property of the Free School Fund of Louisiana". The bonds when so stamped, shall lose their negotiable character.