Louisiana § RS 39:527 - Revenue anticipation notes
Full text of Louisiana Louisiana Civil Code § RS 39:527 — Revenue anticipation notes, with citation guidance and answers to common questions.
§ RS 39:527. Revenue anticipation notes
Any governmental entity, in order to pay its current expenses for any fiscal year, may issue revenue anticipation notes for the purpose of anticipating the revenues for such fiscal year. Such revenue anticipation notes shall mature not later than three months after the end of the fiscal year of the governmental entity. The amount so borrowed by any governmental entity shall not exceed the estimated income of the governmental entity as shown by the budget adopted prior to such borrowing, and the income collected as shown by the adopted budget shall be dedicated and set aside to the payment of the revenue anticipation notes as they mature.
Acts 2018, No. 569, §1, eff. July 1, 2018.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 39:527
What does Louisiana Civil Code § RS 39:527 cover?
Section RS 39:527 ("Revenue anticipation notes") 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 39:527?
A common citation format is "Louisiana Civil Code § RS 39:527" (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 39:527 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.