La. Rev. Stat. § 39:1272
Securities purchased may be cashed
Louisiana · Louisiana Revised Statutes Title 39 — Public Finance · Status: effective
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- Citation
- La. Rev. Stat. § 39:1272, Securities purchased may be cashed, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2725285
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Full text
The political subdivision may also, at any time that may be deemed advisable, cash and liquidate any or all of the bonds, notes or certificates purchased for any particular fund, and the proceeds of the liquidation shall be credited to the fund from which the bonds, notes or certificates were originally purchased.