Skip to main content
Find a Lawyer

Louisiana Revised Statutes Tit. 39, § 1461. Definitions

Current as of January 01, 2023 | Updated by FindLaw Staff

As used in this Chapter, the following terms shall have the following meanings:

(1) “Outstanding bonds” means all or any one or more of the following bonds issued directly by the state or by any state board, agency, or commission which may be outstanding at any time:

(a) General obligation bonds which are secured by the full faith and credit of the state, which may or may not be payable from the Bond Security and Redemption Fund, including those bonds which are payable primarily from specified portions of specific taxes or other dedicated revenues.

(b) Bonds which are not secured by the full faith and credit of the state, but which are payable from dedicated portions of specific state taxes and may or may not be additionally payable from the Bond Security and Redemption Fund.

(2) “Refund” means the act of refunding, including readjusting, extending, and unifying outstanding bonds or issues of bonds.

(3) “Refunded bonds” means the bonds being refunded by the issuance of refunding bonds.

(4) “Government obligations” means direct obligations of or obligations the payment of the principal and interest of which is unconditionally guaranteed by the United States of America.

Back to chapter list
Previous part of code Next part of code
Back to chapter list

Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 39, § 1461. Definitions - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-39-sect-1461/

Read this complete Louisiana Revised Statutes Tit. 39, § 1461. Definitions on Westlaw. Westlaw subscription required.

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Search all Louisiana Codes

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard