The board may invest available funds and may hold, purchase, sell, assign, transfer, and dispose of any of the securities of the system, in the name of the system or a nominee name, provided the action is taken in compliance with the rules and regulations established by the board and in accordance with the provisions of R.S. 11:263.
R.S. 11:517 active rs title
Investments ACTIVE
Actions
References
Cited by
History
- enactment Acts 1984, No. 867, §2
- amendment Acts 1991, No. 863, §1