Usufruct
R.S. 11:1674

Selection of fiscal agents ACTIVE

The board of trustees shall approve the fiscal agency bank or banks selected by the state treasurer for the deposit of the funds and securities of this retirement system provided that no bank shall be selected unless the bank is a fiscal agent of the state. The funds and properties of the system held in any bank of the state shall be safeguarded by bonds or other securities acceptable for the protection of state deposits, the amount to be determined by the board of trustees.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • amendment Acts 1991, No. 74, §3, eff. June 25, 1991

Section navigation

Cite R.S. 11:1674

Bluebook
La. Rev. Stat. Ann. § 11:1674 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-1674
BibTeX
@misc{larevstat-11-1674,
  title        = {La. Rev. Stat. Ann. § 11:1674},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-1674},
  note         = {Snapshot 2026-05-22}
}