RS 40:424 - Creditors of agency must consent to decrease

LA Rev Stat § 40:424 (2018) (N/A)
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§424. Creditors of agency must consent to decrease

No action may be taken pursuant to R.S. 40:421 if the regional or consolidated housing authority has outstanding bonds, notes, or other evidences of indebtedness, unless all the holders thereof first consent in writing to that action.

Acts 1997, No. 1188, §1.