Louisiana § RS 2:224 - Certificates of indebtedness; payment; interest; issuance

Full text of Louisiana Louisiana Civil Code § RS 2:224 — Certificates of indebtedness; payment; interest; issuance, with citation guidance and answers to common questions.

§ RS 2:224. Certificates of indebtedness; payment; interest; issuance

Certificates of indebtedness shall be made due and payable annually, the last not later than March 1st of the year following the last of those years in which the special taxes so dedicated are to be levied; the certificates of indebtedness shall bear a rate of interest not greater than six per cent, shall be issued in such a manner and form as the governing authority issuing them provides by ordinance, and when issued, as herein prescribed, shall be legal and valid obligations of the municipality or parish for and on whose behalf they have been issued.     

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 2:224

What does Louisiana Civil Code § RS 2:224 cover?

Section RS 2:224 ("Certificates of indebtedness; payment; interest; issuance") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 2:224?

A common citation format is "Louisiana Civil Code § RS 2:224" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 2:224 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.