Usufruct
R.S. 11:264

Fiduciary relationships ACTIVE

With respect to the systems, plans, and funds governed by this Subpart, each of the following persons shall be deemed to be in a fiduciary relationship with the respective funds:

(1) Any person who exercises any discretionary authority or discretionary control with respect to the management of system funds or assets.

(2) Any person who renders investment advice or services for compensation, direct or indirect, with respect to system funds or assets.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1989, No. 64, §1
  • amendment Acts 2005, No. 9, §1, eff. May 27, 2005

Section navigation

Cite R.S. 11:264

Bluebook
La. Rev. Stat. Ann. § 11:264 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-264
BibTeX
@misc{larevstat-11-264,
  title        = {La. Rev. Stat. Ann. § 11:264},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-264},
  note         = {Snapshot 2026-05-22}
}