{
  "urn": "urn:us-la:rs:11:857",
  "title_number": "11",
  "section_number": "857",
  "citation": "R.S. 11:857",
  "heading": "Compensation of investment advisors",
  "text": "The board of trustees of the Teachers' Retirement System of Louisiana 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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "11",
      "name": "CONSOLIDATED PUBLIC RETIREMENT SYSTEMS"
    },
    {
      "level": "subtitle",
      "number": "II",
      "name": "STATE SYSTEMS"
    },
    {
      "level": "chapter",
      "number": "2",
      "name": "TEACHERS' RETIREMENT SYSTEM OF LOUISIANA"
    },
    {
      "level": "part",
      "number": "VI",
      "name": "MANAGEMENT AND EXPENDITURE OF FUNDS"
    }
  ],
  "breadcrumb": "Title 11 › Subtitle II › Chapter 2 › Part VI",
  "acts_citations": [
    {
      "act_year": 1989,
      "act_number": 221,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1989, No. 221, §1; Redesignated from R.S. 17:677 by Acts 1991, No. 74, §3, eff. June 25, 1991.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=75916",
  "website_law_id": 75916,
  "scrape_timestamp": "2026-05-22T21:48:19Z",
  "source_html_hash": "sha256:b0deb362b854f3da9dc22c2aba9791a8cfbd96688b581649ce8c567e876bcd45",
  "schema_version": "1.0.0"
}