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Limitation on amount to be borrowed

La. R.S. 2:222
in effect
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2:222. Limitation on amount to be borrowed The amount borrowed for and on behalf of any municipality or parish shall in no case exceed seventy-five per cent of the estimated income to be realized from the special tax previously voted in the municipality or parish.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=81870Fetched: 10/20/2026

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