{"data":{"id":"us-la/rs-39-1040","jurisdiction":"us-la","citation":"RS 39:1040","heading":"Credit enhancement devices","body":"The City and public entities may, in connection with the sale of bonds, use municipal bond insurance, bank guarantees, surety bonds, letters of credit, and other devices to enhance the credit quality of the bonds, the cost of which credit enhancement devices may be paid from the proceeds of the bonds or other lawfully available funds.","path":["TITLE 39. PUBLIC FINANCE"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=95709","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:00:05Z","sha256":"6d88d1d25ff6066402e43e5655c4d7ac82a3d8f1eb0c151883edab3091640742","source_id":"us-la","stale":false,"prev":"us-la/rs-39-1039","next":"us-la/rs-39-1041"},"notice":"GroundRules: Original legal text. Not legal advice."}