GroundRules
RS 17:2189: Privilege on funds and revenues dedicated for payment of obligation
Where this section sits in the code
- 3046.5 Terminated July 9, 1998. See Acts 1992, No. 938, §1, and Acts 1995, No. 1296, §1.
Any person, firm, corporation or association of persons holding any of said bonds, notes or certificates shall have a first lien and privilege on such funds and revenues as shall be dedicated by the board of supervisors for the payment of the interest and principal thereof, and the interest and principal shall be paid out of the revenues and funds by preference over all other claims against or obligations of the board of supervisors.
Collected 2026-09-14T04:53:17Z. Source file · JSON