La. Stat. tit. 33 § 2926

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
Section 33:2926 - Debt not to be incurred without providing means of payment

The governing authorities of parishes and municipalities shall not contract any debt without fully providing in the ordinance creating the debt, the means of paying the principal and interest.

La. R.S. § 33:2926