Louisiana § RS 39:1410.62 - Delinquent payments or fund transfers on outstanding indebtedness; notification to commission
Full text of Louisiana Louisiana Civil Code § RS 39:1410.62 — Delinquent payments or fund transfers on outstanding indebtedness; notification to commission, with citation guidance and answers to common questions.
§ RS 39:1410.62. Delinquent payments or fund transfers on outstanding indebtedness; notification to commission
All parishes, municipalities, and any other unit of local government, including but not limited to school boards and special districts, authorized by law to perform governmental functions, as well as any political subdivision creating same, shall notify the commission, in writing, whenever:
(1) Transfers to any funds required to be established by resolution authorizing the issuance of bonds, certificates of indebtedness, or otherwise authorizing the incurring of indebtedness, have not been made timely.
(2) Principal, interest, premiums, or other payments due on outstanding indebtedness have not been made timely.
Acts 1990, No. 500, §1, eff. July 18, 1990.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 39:1410.62
What does Louisiana Civil Code § RS 39:1410.62 cover?
Section RS 39:1410.62 ("Delinquent payments or fund transfers on outstanding indebtedness; notification to commission") 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 39:1410.62?
A common citation format is "Louisiana Civil Code § RS 39:1410.62" (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 39:1410.62 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.