Louisiana § RS 41:842 - Investment in levee bonds
Full text of Louisiana Louisiana Civil Code § RS 41:842 — Investment in levee bonds, with citation guidance and answers to common questions.
§ RS 41:842. Investment in levee bonds
In addition to the investments now authorized by law, the State Auditor and State Treasurer, with the approval of the governor, may invest in levee bonds of this state yielding not less than four per cent per annum interest net, the proceeds of the sale of sixteenth section school lands now on hand, or that may accumulate, in the state treasury.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 41:842
What does Louisiana Civil Code § RS 41:842 cover?
Section RS 41:842 ("Investment in levee bonds") 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 41:842?
A common citation format is "Louisiana Civil Code § RS 41:842" (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 41:842 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.