Usufruct
R.S. 49:326

Federal bonds and debentures as security for public funds; investments of funds ACTIVE

Federal farm loan bonds issued by federal land banks, debentures issued by federal intermediate credit banks, and debentures issued by banks for cooperatives are hereby designated as security for all character of public funds and the state treasurer may invest in such securities, monies as are available for investment out of the free school investment fund, the state police retirement fund, the interest and bond redemption account of the Transportation Trust Fund, as well as any other funds under his control.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1976, No. 428, §1, eff. July 31, 1976
  • amendment Acts 1999, No. 897, §3, eff. July 2, 1999

Section navigation

Cite R.S. 49:326

Bluebook
La. Rev. Stat. Ann. § 49:326 (2026).
Permalink
https://theusufruct.com/rs/title-49/section-326
BibTeX
@misc{larevstat-49-326,
  title        = {La. Rev. Stat. Ann. § 49:326},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-49/section-326},
  note         = {Snapshot 2026-05-22}
}