State Codes and Statutes

Statutes > Louisiana > Rs > Title2 > Rs2-222

§222.  Limitation on amount to be borrowed

The amount borrowed for and on behalf of any municipality or parish shall in no case exceed seventy-five per cent of the estimated income to be realized from the special tax previously voted in the municipality or parish.

State Codes and Statutes

Statutes > Louisiana > Rs > Title2 > Rs2-222

§222.  Limitation on amount to be borrowed

The amount borrowed for and on behalf of any municipality or parish shall in no case exceed seventy-five per cent of the estimated income to be realized from the special tax previously voted in the municipality or parish.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Rs > Title2 > Rs2-222

§222.  Limitation on amount to be borrowed

The amount borrowed for and on behalf of any municipality or parish shall in no case exceed seventy-five per cent of the estimated income to be realized from the special tax previously voted in the municipality or parish.