The board may make reasonable rules and regulations necessary for the proper administration of the sewerage system.
The provisions hereof are self-operative, and the sewerage and water board of New Orleans, the Board of Liquidation, City Debt, and the council of the city of New Orleans, or its successor as the governing body of said city of New Orleans shall have full power to carry them into effect.
The Board of Liquidation, City Debt, as now organized and created, and with the powers, duties and functions prescribed by existing laws and by the constitution, shall be continued while any bonds authorized by R.S. 33:4121 are outstanding and unpaid.
No proceedings or approvals, not required by the provisions of this Section, shall be necessary to the validity of such bonds.
Any provision of the constitution or any law in conflict herewith is hereby repealed. Should any provision hereof be declared null and void, such declaration shall not affect the balance of this amendment.
La. R.S. § 33:4123