Louisiana § 11:1671 Investment of funds by board of trustees; interest rates

Louisiana Statutes

§ 11:1671 — Investment of funds by board of trustees; interest rates

Louisiana § 11:1671

Title 11Consolidated Public Retirement Systems

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Bluebook

La. Stat. Ann. § 11:1671 (2026).

Text

§1671. Investment of funds by board of trustees; interest rates

A.The board of trustees shall be the trustees of the several funds created by this Chapter as provided in Part VII of this Chapter and shall have full power to invest and reinvest such funds in accordance with the provisions of R.S. 11:263. The trustees shall have full power to hold, purchase, sell, assign, transfer, and dispose of any of the securities and investments in which any of the funds created herein shall have been invested, as well as the proceeds of the investments and any moneys belonging to the funds.

B.Repealed by Acts 2024, No. 107, §1.

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§1671. Investment of funds by board of trustees; interest rates
A. The board of trustees shall be the trustees of the several funds created by this
Chapter as provided in Part VII of this Chapter and shall have full power to invest and
reinvest such funds in accordance with the provisions of R.S. 11:263. The trustees shall have
full power to hold, purchase, sell, assign, transfer, and dispose of any of the securities and
investments in which any of the funds created herein shall have been invested, as well as the
proceeds of the investments and any moneys belonging to the funds.
B. Repealed by Acts 2024, No. 107, §1.

Legislative History

Added by Acts 1956, No. 56, §7(1), (2). Acts 1984, No. 867, §2; Redesignated from R.S. 16:1081 by Acts 1991, No. 74, §3, eff. June 25, 1991; Acts 2024, No. 107, §1.