Louisiana § RS 39:1448 - Additional security
Full text of Louisiana Louisiana Civil Code § RS 39:1448 — Additional security, with citation guidance and answers to common questions.
§ RS 39:1448. Additional security
Refunding bonds issued under this Chapter may be secured additionally by credit enhancement devices, the cost of which, upon a finding of benefit therefrom by the governing body of the issuer, may be paid from the proceeds of the refunding bonds or other lawfully available funds. The refunding bonds may also be secured by a trust agreement or trust indenture by and between the issuer and one or more corporate trustees.
Acts 1984, No. 352, §1, eff. July 2, 1984.
Frequently Asked Questions About Louisiana § RS 39:1448
What does Louisiana Civil Code § RS 39:1448 cover?
Section RS 39:1448 ("Additional security") 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 39:1448?
A common citation format is "Louisiana Civil Code § RS 39:1448" (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 39:1448 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.