Usufruct
R.S. 39:1216

Depositing authorities located in parishes or municipalities of over one hundred thousand; supplemental private contracts with banks ACTIVE

If a local depositing authority, located in whole or in part in a parish or municipality having a population of over one hundred thousand finds existing contracts, or any subsequent contracts, inadequate to meet its needs and requirements, it may enter into such a supplemental contract with any bank within or without the state as is deemed necessary best to meet its needs and requirements; provided, that all of the provisions of this Chapter, with respect to security for deposits and other requirements are complied with.

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History

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Cite R.S. 39:1216

Bluebook
La. Rev. Stat. Ann. § 39:1216 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-1216
BibTeX
@misc{larevstat-39-1216,
  title        = {La. Rev. Stat. Ann. § 39:1216},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-1216},
  note         = {Snapshot 2026-05-22}
}