reglab/housing_qa huggingface dataset:
LA Rev Stat § 48:1262 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1262. Bonds not debt or pledge of credit of state

RS 1262 - Bonds not debt or pledge of credit of state  Expressway revenue bonds issued under the provisions of this Chapter shall not be deemed to be a debt of the state or a pledge of the faith and credit of the state, but such bonds shall be payable exclusively from the fund pledged for their payment or authorized herein. All such bonds shall contain a statement on their face that the state is not obligated to pay the same or the interest thereon and that the faith and credit of the state is not pledged to the payment of the principal or interest of such bonds. The issuance of expressway revenue bonds under the provisions of this Chapter shall not, directly or indirectly or contingently, obligate the state to levy or to pledge any form of taxation whatever therefor, or to make any appropriation for their payment. State funds shall not be used, appropriated or expended to construct, reconstruct, maintain, service, repair, purchase or lease any toll road authorized hereunder or to pay the principal or interest of any revenue certificates or other evidences of indebtedness issued for any such purpose, and the legislature does herewith determine that any such use of state funds would violate the constitution of the state of Louisiana and all such bonds shall contain a statement on their face to this effect.  Acts 1954, No. 232, §12.
LA Rev Stat § 48:1263 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1263. Pledge not to restrict certain rights of authority

RS 1263 - Pledge not to restrict certain rights of authority  The state of Louisiana does pledge to and agree with the holders of the bonds issued pursuant to this Chapter, that the state will not limit or restrict the rights hereby vested in the authority to construct, reconstruct, maintain and operate any project as defined in this Chapter or to establish and collect such tolls or other charges as may be convenient or necessary to produce sufficient revenues to meet the expenses of maintenance and operation thereof and to fulfill the terms of any agreements made with the holders of bonds authorized by this Chapter or in any way impair the rights or remedies of the holders of such bonds until the bonds, together with interest thereon, are fully paid and discharged.  Acts 1954, No. 232, §13.
LA Rev Stat § 48:1265 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1265. Trust agreement

RS 1265 - Trust agreement  In the discretion of the authority any bonds issued under the provisions of this Chapter may be secured by a trust agreement by and between the authority and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without the state. Such trust agreement or the resolution providing for the issuance of such bonds may pledge or assign the revenues to be received, but shall not convey or mortgage an expressway project or any part thereof. Such trust agreement or resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including covenants setting forth the duties of the authority in relation to the acquisition of property and the construction, improvement, maintenance, repair, operation and issuance of an expressway project or projects in connection with which such bonds shall have been authorized, the rates of toll to be charged, the custody, safe guarding and application of all moneys, and conditions or limitations with respect to the issuance of additional bonds. It shall be lawful for any bank or trust company incorporated under the laws of the state which may act as depository of the proceeds of bonds or of revenues to furnish such indemnifying bonds or to pledge such securities as may be required by the authority. Any such trust agreement may set forth the rights and remedies of the bondholders and of the trustee, and may restrict the individual right of action by bondholders. In addition to the foregoing, any such trust agreement or resolution may contain such other provisions as the authority may deem reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of such trust agreement may be treated as a part of the cost of the operation of the expressway project or projects.  Acts 1954, No. 232, §15.
LA Rev Stat § 48:1266 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1266. Refunding bonds

RS 1266 - Refunding bonds  The authority is hereby authorized to provide for the issuance of expressway revenue refunding bonds of the authority for the purpose of refunding any bonds then outstanding which shall have been issued under the provisions of this Chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and, if deemed advisable by the authority, for the additional purpose of constructing improvements of an expressway project in connection with which the bonds to be refunded shall have been issued. The authority is further authorized to provide by resolution for the issuance of its expressway revenue bonds for the combined purpose of (a) refunding any bonds then outstanding which shall have been issued under the provisions of this Chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and (b) paying all or any part of the cost of any additional project or projects. The issuance of such bonds, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties and obligations of the authority in respect of the same, shall be governed by the provisions of this Chapter in so far as the same may be applicable.  Acts 1954, No. 232, §16.
LA Rev Stat § 48:1267 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1267. Trust funds

RS 1267 - Trust funds  A. All moneys received by the authority pursuant to this Chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed trust funds to be held and applied solely as provided in this Chapter. The resolution authorizing the bonds of any issue or the trust agreement securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys shall be deposited shall act as trustee of such moneys and shall hold and apply the same for the purpose hereof, subject to the provisions of this Chapter and such regulations as such resolution or trust agreement may provide.  B. When, in the opinion of the authority, all moneys in such trust funds are not immediately needed for the purpose for which such funds are provided, the trustee of such funds, upon resolution of the authority specifically adopted for such purpose, is hereby authorized and empowered to temporarily invest and reinvest the amount of such funds authorized in such resolution in United States government securities, which securities shall be direct obligations of, or obligations the payment of the principal and interest of which is guaranteed by the United States government, or to invest and reinvest the amount of such funds in such other securities as are permitted by law for investment of idle funds by the State of Louisiana and its agencies; provided, that any such investment or reinvestment shall be subject to any pertinent provisions of the bond resolution or trust agreement. It is the intent of the legislature that trust funds not be permitted to remain idle in the hands of the trustee when such funds can be put to use as aforesaid.  Acts 1954, No. 232, §17. Amended by Acts 1970, No. 247, §1.
LA Rev Stat § 48:1268 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1268. Remedies

RS 1268 - Remedies  Any holder of bonds issued under the provisions of this Chapter or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by such trust agreement, may, either at law or in equity, by suit, action, mandamus or other proceedings, protect and enforce any and all rights under the laws of Louisiana or granted hereunder or under such trust agreement or the resolution authorizing the issuance of such bonds, and may enforce and compel the performance of all duties required by this Chapter or by such trust agreement or resolution to be performed by the authority or by any officer thereof, including the fixing, charging and collection of tolls.  Acts 1954, No. 232, §18.
LA Rev Stat § 48:1269 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1269. Project, property, income and bonds free from taxation

RS 1269 - Project, property, income and bonds free from taxation  The exercise of the powers granted by this Chapter will be in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and as the operation and maintenance of projects by the authority will constitute the performance of essential government functions, the authority shall not be required to pay any taxes or assessments upon any project or any property acquired or used by the authority under the provisions of this Chapter or upon the income therefrom, and every project and any property acquired or used by the Authority under the provisions of this Chapter and the income therefrom, and the bonds issued under the provisions of this Chapter, their transfer and the income therefrom (including any profit made on the sale thereof) shall be exempt from taxation within the state.  Acts 1954, No. 232, §19.
LA Rev Stat § 48:1270 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1270. Bonds eligible for investment

RS 1270 - Bonds eligible for investment  Bonds issued by the authority under the provisions of this Chapter are hereby made securities in which all public officers and public bodies of the state, parishes, other political subdivisions, cities or towns, all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business, and all administrators, executors, guardians, trustees and other fiduciaries, and all other persons whatsoever who now are or may hereafter be authorized to invest in bonds or other obligations of the state, may properly and legally invest any funds, including capital belonging to them or within their control.  Acts 1954, No. 232, §20.
LA Rev Stat § 48:1271 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1271. Maintenance and repair of expressway project, etc.

RS 1271 - Maintenance and repair of expressway project, etc.  A. Each expressway project when constructed and opened to traffic shall be maintained and kept in good condition and repair by the Authority. Each such project shall have such force of toll-takers and other operating employees as the Authority may in its discretion employ. B. All public or private property damaged or destroyed in carrying out the powers granted by this Chapter shall be restored or repaired and placed in its original condition as nearly as practicable or adequate compensation made therefor out of funds provided under this Chapter. C. The Department of Transportation and Development shall be responsible for the operation and maintenance of the expressway system. Acts 1954, No. 232, §21. Amended by Acts 1970, No. 247, §3; Acts 1977, No. 220, §1, eff. July 7, 1977; Acts 2006, No. 11, §5.
LA Rev Stat § 48:1272 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1272. Traffic control

RS 1272 - Traffic control  A. The authority is hereby authorized to adopt and promulgate rules and regulations with respect to the use of a project, which rules and regulations shall relate to vehicular speeds, loads and sizes, safety devices, rules of the road and such other matters, including but not limited to the failure or refusal to pay the toll provided for the use of a project, as may be necessary and proper to regulate traffic in the interest of safety, the maximum convenience of the persons using the project, preservation of a project from unwarranted damage and to carry out the purpose of this Chapter. Such rules and regulations shall apply according to their terms to all sections of a project under the jurisdiction of the Authority, their feeder roads and structures and other appurtenances. In so far as such rules and regulations may be inconsistent with the provisions of the vehicle and traffic laws of Louisiana, such rules and regulations shall be controlling. Violations of such rules and regulations shall be punishable by a fine of not exceeding two hundred dollars or by imprisonment not exceeding ninety days. Such rules and regulations shall not take effect until published in a newspaper of general circulation published in East Baton Rouge Parish, Louisiana, and such other publications as the Authority may determine, and duly filed in the office of the Secretary of State.  B. The Louisiana State Police, its director and patrol officers are hereby vested with the power and charged with the duty to enforce the rules and regulations of the authority. The power and duty so vested and charged shall be performed and exercised as said director and officers perform and exercise their present duties, functions and powers. Expenses incurred by said state police in carrying out its powers and duties under this Chapter may be treated as a part of the cost of the operation of a project or projects and the Department of Public Safety shall be reimbursed by the authority for such expenses.  Acts 1954, No. 232, §22.
LA Rev Stat § 48:1273 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1273. Cessation of tolls

RS 1273 - Cessation of tolls  A. When all revenue bonds issued under the provisions of this Chapter in connection with any expressway project or projects and the interest thereon shall have been paid or a sufficient amount for the payment of all such bonds and the interest thereon to the maturity thereof shall have been set aside in trust for the benefit of the bondholders, the authority shall, if such project or projects are then in good condition and repair to the satisfaction of the department, transfer such project or projects to the department to become part of the state road system to be maintained thereafter by the Department of Transportation and Development; provided, that in any event any such project or projects shall remain subject to sufficient tolls to pay the cost of the maintenance, repair, and operation thereof. B. Provided, however, that the authority may, after said bonds shall have been paid or a sufficient amount for payment set aside as aforesaid, charge tolls for the use of any such project and pledge such tolls to the payment of bonds issued under the provisions of this Chapter in connection with another contiguous expressway project or projects which may hereafter be constructed. Acts 1954, No. 232, §23. Amended by Acts 1977, No. 220, §1, eff. July 7, 1977; Acts 2006, No. 11, §5.
LA Rev Stat § 48:1274 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1274. Certificated motor carriers

RS 1274 - Certificated motor carriers  All motor common carriers and contract carriers that hold certificates of public conveniences and necessity authorizing them to operate over the public roads of this state that will parallel an expressway project or a section thereof on the date that such project is opened to the public for use, are hereby granted the right to operate their vehicles upon and over said expressway project or such section thereof which parallels such public roads under such certificates upon compliance with the payment of the required tolls; provided, that such carriers shall comply with the provisions of this Chapter and any rule and regulation of the authority as to the use of such project, anything in said certificates to the contrary notwithstanding.  Acts 1954, No. 232, §24.
LA Rev Stat § 48:1275 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1275. Unlawful for member, etc., to be interested in contract, etc.

RS 1275 - Unlawful for member, etc., to be interested in contract, etc.  Any member, agent or employee of the authority who is interested, either directly or indirectly in any contract of another with the authority, or in the sale of any property, either real or personal, to the authority, shall be punished by a fine not exceeding five hundred dollars or by imprisonment not exceeding one year.  Acts 1954, No. 232, §25.
LA Rev Stat § 48:1276 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1276. Preliminary and other expenses

RS 1276 - Preliminary and other expenses  A. The Department of Transportation and Development is hereby authorized to expend out of any funds available for the purpose such moneys and to use such of its engineering and other forces, as may be necessary and desirable in the judgment of the Department of Transportation and Development, to enable and accelerate the beginning of the construction of the project constructed under the provisions hereof.  B. The Department of Transportation and Development is hereby authorized to expend out of any funds available for the purpose such moneys as may be necessary for the study of any expressway project or projects and to use its engineering and other forces, including other consulting engineers and other traffic engineers, for the purpose of effecting such study and to pay for such additional engineering and traffic and other expert studies as it may deem expedient.  C. All obligations and expenses incurred by the Department of Transportation and Development under this Section shall be paid by said department and charged to the appropriate expressway project or projects, and the department shall keep proper records and accounts showing each amount so charged. All obligations and expenses so incurred shall be treated as part of the cost of such project or projects and shall be reimbursed to the Department of Transportation and Development out of the proceeds of the bonds herein authorized.  Acts 1954, No. 232, §26. Amended by Acts 1977, No. 220, §1, eff. July 7, 1977.
LA Rev Stat § 48:1277 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1277. Annual report; recommendation

RS 1277 - Annual report; recommendation  On or before the first day of April of each year, the authority shall make an annual report of its activities for the preceding year to the Governor and each such report shall set forth a complete operating and financial statement covering the operations of the authority during the year, and each year that there is a general session of the legislature, a copy of such annual report shall be furnished to the legislature on the first day of such general session.  Acts 1954, No. 232, §27.
LA Rev Stat § 48:1278 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1278. Audit of books and accounts

RS 1278 - Audit of books and accounts  The authority shall cause an audit of its books and accounts to be made at least once each year by certified public accountants and the cost thereof may be treated as a part of the cost of construction or operations of a project or projects.  Acts 1954, No. 232, §28.
LA Rev Stat § 48:1279 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1279. Minutes

RS 1279 - Minutes  The secretary-treasurer shall keep full and correct minutes of the meetings and final actions of the authority, which minutes shall be open to the inspection of the public at all reasonable times.  Acts 1954, No. 232, §29.
LA Rev Stat § 48:1280 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1280. Additional method

RS 1280 - Additional method  The foregoing Sections of this Chapter shall be deemed to provide an additional and alternative method for the doing of the things authorized hereby, and shall be regarded as supplemental and additional to powers conferred by other laws, and shall not be regarded as in derogation of any powers now existing; provided, however, that the issuance of expressway revenue bonds or expressway revenue refunding bonds under the provisions of this Chapter need not comply with the requirements of any other law applicable to the issuance of bonds, except as provided in this Chapter.  Acts 1954, No. 232, §30.
LA Rev Stat § 48:1281 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1281. Special provisions relating to west bank segment

RS 1281 - Special provisions relating to west bank segment  The legislature recognizes that some of the best farm land in the United States lies adjacent to the proposed right of way of the west and east bank segments of the proposed express toll highway between Shreveport and Alexandria and Bossier City and Alexandria. In the event that the authority should determine to construct the west or east bank segment the legislature directs the expressway authority to route said expressway segment in such manner as to avoid the rich farm land where possible within the limitations of reasonable cost and sound engineering practices; and where bisecting of such farm land is unavoidable, the expressway authority is directed, where possible within the limitations of reasonable cost and sound engineering practices, to provide access across the toll highway rights of way by means of tunnels or other appropriate means.  Acts 1970, No. 247, §4.
LA Rev Stat § 48:1301 (2021)
2021 Louisiana Laws|Revised Statutes|Title 48 - Roads, Bridges and Ferries|§1301. Authorization to create consolidated road lighting districts

RS 1301 - Authorization to create consolidated road lighting districts  The governing authority of any parish may create within such parish one or more consolidated road lighting districts comprised of one or more existing road lighting districts, together with, if so determined by the governing authority, territory not within the boundaries of an existing road lighting district. Consolidated road lighting districts so created shall constitute road lighting districts within the meaning of Sub-section C.1 of Section 14 of Article XIV of the Constitution and, as such, shall enjoy all rights, powers and privileges enjoyed by road lighting districts under and by virtue of the provisions of said Sub-section, including the right to levy taxes as provided therein. The governing authority of each such consolidated road lighting district shall be the governing authority of the parish creating the district.  Acts 1964, No. 223, §1.