{
  "urn": "urn:us-la:rs:51:3108",
  "title_number": "51",
  "section_number": "3108",
  "citation": "R.S. 51:3108",
  "heading": "Deposit of public funds by state",
  "text": "A. The treasurer may deposit public funds with a financial institution designated as a banking district depository.\n\nB. 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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "51",
      "name": "TRADE AND COMMERCE"
    },
    {
      "level": "chapter",
      "number": "53",
      "name": "THE LOUISIANA BANKING DEVELOPMENT DISTRICTS ACT"
    }
  ],
  "breadcrumb": "Title 51 › Chapter 53",
  "acts_citations": [
    {
      "act_year": 2007,
      "act_number": 255,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 2007, No. 255, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=452964",
  "website_law_id": 452964,
  "scrape_timestamp": "2026-05-22T23:46:09Z",
  "source_html_hash": "sha256:6d90aaf18d0ec51676cacec188903daa35fde304d73a5bb4cd76450f0a4d7618",
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}