Usufruct
R.S. 11:3718

Property for benefit of fund; minimum fund required before disbursements can be made ACTIVE

A. The board may receive property of any nature for the benefit of the fund.

B. The sum of fifty thousand dollars shall be retained as a permanent fund. No pension shall be paid or money drawn from the fund until the sum of fifteen thousand dollars, over and above the fifty thousand dollars held as a permanent fund is to the fund's credit.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1968, No. 641, §2

Section navigation

Cite R.S. 11:3718

Bluebook
La. Rev. Stat. Ann. § 11:3718 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-3718
BibTeX
@misc{larevstat-11-3718,
  title        = {La. Rev. Stat. Ann. § 11:3718},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-3718},
  note         = {Snapshot 2026-05-22}
}