Louisiana Revised Statutes 45:1174 – Security issues; no guarantee on part of state
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Terms Used In Louisiana Revised Statutes 45:1174
- 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.
Nothing in La. Rev. Stat. 45:1168 through 45:1175 shall imply any guarantee or obligation on the part of the state in respect of any securities to which the provisions of these Sections relate.