Louisiana § RS 39:526 - Excess revenue bonds and certificates of indebtedness
Full text of Louisiana Louisiana Civil Code § RS 39:526 — Excess revenue bonds and certificates of indebtedness, with citation guidance and answers to common questions.
§ RS 39:526. Excess revenue bonds and certificates of indebtedness
A. Any governmental entity may issue excess revenue bonds or certificates of indebtedness under this Section for the purpose of acquiring, constructing, extending, or improving any work of public improvement, or for acquiring movable vehicles or equipment, or for the payment of judgments, noncapital contractual obligations, or employee benefits.
B. Bonds or certificates of indebtedness issued under this Section shall be payable out of the revenues of subsequent years, after the payment from such revenues of:
(1) All charges required by law or regulation.
(2) All contractual obligations.
(3) All necessary and usual charges provided for by ordinance or resolution, excluding depreciation.
(4) All payments in respect of bonds for which a pledge or dedication of specified taxes or revenues has been provided by law or in proceedings authorizing such bonds, regardless of the date of issue of such bonds.
C. Bonds or certificates of indebtedness issued under this Section shall have a maximum term not to exceed ten years.
Acts 2018, No. 569, §1, eff. July 1, 2018.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 39:526
What does Louisiana Civil Code § RS 39:526 cover?
Section RS 39:526 ("Excess revenue bonds and certificates of indebtedness") 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 39:526?
A common citation format is "Louisiana Civil Code § RS 39:526" (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 39:526 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.