Louisiana Statutes
§ 11:313 — Prudent-man rule; investments
Louisiana·Title 11 Consolidated Public Retirement Systems
Notwithstanding the prudent-man rule, a system board of trustees may but is not required to divest itself of any holding in a company having facilities or employees, or both, located in a prohibited nation as that term is defined in R.S. 11:312(B)(2).
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Legislative History
Acts 2007, No. 352, §1.
Nearby Sections
15
§ 11:3001
§ 11:3001§ 11:3002
Definitions§ 11:3003
Membership§ 11:3004
Creditable service§ 11:3005
Retirement allowance§ 11:3005.1
Deferred Retirement Option Plan§ 11:3006
Disability retirement§ 11:3007
Options§ 11:3008
Refund of contributions§ 11:3009
Benefit to members already retired§ 11:301
§ 11:301§ 11:3010
Survivors's benefits§ 11:3011
Administration§ 11:3012
Investments