La. Stat. tit. 39 § 871
Current with changes from the 2024 legislative session from Acts 3, and 6-104
Municipalities and parishes, public boards, districts and other political corporations and subdivisions of the state, when authorized to do so by the laws or the constitution of the state, may borrow money, incur debt, and issue bonds with the consent of the State Bond and Tax Board, all as provided in Part I of Chapter 2 of Sub-title III of Title 47.
La. R.S. § 39:871