RS 38:476
The levee board or levee and drainage board must levy enough taxes and local contributions to pay each year’s bond principal, and the state treasurer must set aside enough of the first collected money to cover that year’s bond principal; the set-aside money cannot be used for anything else.
- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
- Official source
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bond repayment fund segregation tax levy
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RS 38:476
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