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Villages should work with its attorney to prepare an RFP and send it out to their banks as well as other banks in their parish and neighboring parishes. R.S. 39:1224 provides the mandatory requirements for collateral and security. See also the LLA's Banking Law FAQ which can be found on the Legal Assistance & FAQs Overview page of the LLA Website.
Louisiana Legislative Auditor website: 05/29/2025 02:58:49 AM
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