Certificates to be valid obligations

La. Rev. Stat. § 48:914, under Roads, Bridges and Ferries.

La. Rev. Stat. § 48:914

§914. Certificates to be valid obligations In addition to the security given by the pledge of tolls as set forth in R.S. 48:913, the certificates of indebtedness shall be valid and subsisting obligations of the municipality or parish, or both, as the case may be.