La. Stat. tit. 33 § 4116
Current with changes from the 2024 Legislative Session
Said certificates shall not be included in computing the indebtedness of the city of New Orleans under any limitation prescribed by the constitution or statutes of the state of Louisiana, nor shall it be necessary to secure the approval for the issuance of said certificates from the State Bond Commission.
La. R.S. § 33:4116