La. Stat. tit. 33 § 4337
Current with changes from the 2024 Legislative Session
Any municipality issuing bonds under the provisions of this Sub-part shall, during the time when any of such bonds remain outstanding and unpaid, impose rates for the service rendered by the public utility fully sufficient to pay the operating expenses of the utility and to pay the principal and interest on any bonds so outstanding and unpaid.
La. R.S. § 33:4337