Louisiana Statutes

§ 11:1674 — Selection of fiscal agents

Louisiana § 11:1674
JurisdictionLouisiana
Title 11Consolidated Public Retirement Systems

This text of Louisiana § 11:1674 (Selection of fiscal agents) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 11:1674 (2026).

Text

The board of trustees shall approve the fiscal agency bank or banks selected by the state treasurer for the deposit of the funds and securities of this retirement system provided that no bank shall be selected unless the bank is a fiscal agent of the state. The funds and properties of the system held in any bank of the state shall be safeguarded by bonds or other securities acceptable for the protection of state deposits, the amount to be determined by the board of trustees.

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Legislative History

Added by Acts 1956, No. 56, §7(5); Redesignated from R.S. 16:1084 by Acts 1991, No. 74, §3, eff. June 25, 1991.

Nearby Sections

15
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Bluebook (online)
Louisiana § 11:1674, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/11%3A1674.