Louisiana Revised Statutes 50:226 – Payment of obligations incurred incidental to survey and mosaic map
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Terms Used In Louisiana Revised Statutes 50:226
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The cost of the contracted obligation incurred incidental to the survey and mosaic map as required in La. Rev. Stat. 50:225 shall be paid for by all tax recipient bodies in the parish in the proportion that each shares in tax monies collected and allotted from ad valorem taxes collected. The governing authority of the parish and the various tax recipient bodies who share in the tax monies may either appropriate money out of their general fund or pledge and dedicate its revenues and issue obligations to meet its share of the obligations incurred incidental to the survey and mosaic map.
Amended by Acts 1954, No. 643, §1.