La. Public Health and Safety § 40:480

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 40:480 - Essential governmental purpose

All bonds, notes, certificates, and other instruments evidencing indebtedness or conveying equity participations issued by a local housing authority or any subsidiary thereof are deemed to be issued for an essential governmental purpose.

La. Public Health and Safety § 40:480

Acts 1997, No. 1188, §1.
Acts 1997, No. 1188, §1.