{"data":{"id":"us-la/rs-39-1112","jurisdiction":"us-la","citation":"RS 39:1112","heading":"Maximum duration; interest","body":"No bonds issued by any subdivision shall run for a longer period than ten years from the date thereof, or bear a greater rate of interest than six per cent per annum payable annually or semi-annually, or be sold for less than par.","path":["TITLE 39. PUBLIC FINANCE"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=95727","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:00:06Z","sha256":"a5824ff2ac9ae32dbe5d11c05491a992fa40e17494fe6779a2ee97670de3518d","source_id":"us-la","stale":false,"prev":"us-la/rs-39-1111","next":"us-la/rs-39-1113"},"notice":"GroundRules: Original legal text. Not legal advice."}