---
urn: urn:us-la:rs:11:265
citation: "R.S. 11:265"
status: active
breadcrumb: "Title 11 › Subtitle I › Chapter 4 › Part II › Subpart I"
acts_citations:
  - { year: 1990, number: 172, section: 1, effective_date: null, role: enactment }
---

# Compensation of investment advisors

Each board of trustees of the various public retirement systems, plans, or funds is hereby authorized, in requesting proposals for investment advisory services, to require that fees shall be quoted as a fixed fee, a fee based on market value of assets, or a performance fee.