TITLE 39. PUBLIC FINANCE

SUBTITLE III. GENERAL LAWS ON STATE DEBT

CHAPTER 11. STATE BOND COMMISSION
PART IV. LOCAL GOVERNMENT FINANCES

 

39:1410.61     Approval of application; special fiscal elections

Before incurring any debt, holding any election to authorize the incurring of any debt or the levy of any special tax, borrowing any money for any purpose whatever, issuing any bonds or other evidences whatever of debt, levying any tax or pledging any tax or revenue or income for the payment of any such bonds or debt, where they are authorized so to do by the constitution and the laws of this state, every such governmental agency of the state of Louisiana named in R.S. 39:1410.60 shall obtain the consent and approval of the commission.

Added by Acts 1990, No. 500, Sec. 1, eff. July 18, 1990.