La. Revenue and Taxation § 47:9018
Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
Whenever a bond is required for the protection of the corporation, letters of credit or other surety approved by the corporation may be utilized in lieu of a bond. All bonds or letters of credit shall be reviewed at least annually as to their solvency and sufficiency.
La. Revenue and Taxation § 47:9018