La. Rev. Stat. § 33:3991
Certificates as negotiable paper
Louisiana · Louisiana Revised Statutes Title 33 — Municipalities and Parishes · Status: effective
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- Citation
- La. Rev. Stat. § 33:3991, Certificates as negotiable paper, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2716612
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Full text
Sewerage certificates issued hereunder shall have all the requisites of negotiable paper under the law merchant, and shall not be invalid for any irregularity or defect in the proceedings for their issuance, sale or delivery, and shall be incontestable in the hands of bona fide purchasers or holders for value thereof.