La. Stat. tit. 39 § 1272
Current with changes from the 2024 Legislative Session
The political subdivision may also, at any time that may be deemed advisable, cash and liquidate any or all of the bonds, notes or certificates purchased for any particular fund, and the proceeds of the liquidation shall be credited to the fund from which the bonds, notes or certificates were originally purchased.
La. R.S. § 39:1272