---
urn: urn:us-la:rs:11:857
citation: "R.S. 11:857"
status: active
breadcrumb: "Title 11 › Subtitle II › Chapter 2 › Part VI"
acts_citations:
  - { year: 1989, number: 221, section: 1, effective_date: null, role: enactment }
---

# Compensation of investment advisors

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.