Usufruct
R.S. 11:3642

Depository for funds; interest and earnings to accrue to fund ACTIVE

The board shall select a bank in the city of New Orleans in which all monies received from any source shall be deposited by the treasurer of the board. Any interest paid upon deposits, together with any earnings, whether by interest, dividends, premiums, or otherwise, of the fund, shall accrue to and become a part of the fund.

Redesignated from R.S. 33:2290 by Acts 1991, No. 74, §3, eff. June 25, 1991.

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Cite R.S. 11:3642

Bluebook
La. Rev. Stat. Ann. § 11:3642 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-3642
BibTeX
@misc{larevstat-11-3642,
  title        = {La. Rev. Stat. Ann. § 11:3642},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-3642},
  note         = {Snapshot 2026-05-22}
}