Usufruct
R.S. 39:1225

Security for deposits; amount of security ACTIVE

The amount of the security shall at all times be equal to one hundred percent of the amount of collected funds on deposit to the credit of each depositing authority except that portion of the deposits insured by any governmental agency insuring bank deposits which is organized under the laws of the United States.

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JSON Markdown Source (legis.la.gov)

References

None.

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History

  • enactment Acts 1995, No. 1126, §3, eff. June 29, 1995

Section navigation

Cite R.S. 39:1225

Bluebook
La. Rev. Stat. Ann. § 39:1225 (2026).
Permalink
https://theusufruct.com/rs/title-39/section-1225
BibTeX
@misc{larevstat-39-1225,
  title        = {La. Rev. Stat. Ann. § 39:1225},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-39/section-1225},
  note         = {Snapshot 2026-05-22}
}