Usufruct
R.S. 51:3108

Deposit of public funds by state ACTIVE

A. The treasurer may deposit public funds with a financial institution designated as a banking district depository.

B. Subject to an agreement between the treasurer and the banking district depository, public funds deposited in the banking district depository may earn a fixed interest rate that is at or below the financial institution's posted two year certificate of deposit rate.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 2007, No. 255, §1

Section navigation

Cite R.S. 51:3108

Bluebook
La. Rev. Stat. Ann. § 51:3108 (2026).
Permalink
https://theusufruct.com/rs/title-51/section-3108
BibTeX
@misc{larevstat-51-3108,
  title        = {La. Rev. Stat. Ann. § 51:3108},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-51/section-3108},
  note         = {Snapshot 2026-05-22}
}