Louisiana Revised Statutes 39:1109 – Issuing bonds; resolution
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 39:1109
- general alimony tax: as used in this Chapter shall be construed to mean the parish or municipal tax authorized by Sections 11 and 12 of Art. See Louisiana Revised Statutes 39:1129
After the avails or residue of the general alimony tax of the political subdivisions have been determined as herein provided, the governing authority of the subdivision shall, by resolution, irrevocably pledge and dedicate such residue, reduce to mills or fractions, to the payment of the principal and interest of the bonds authorized and issued.