Louisiana Statutes
§ 11:3139 — Fiscal affairs of the fund; investments
Louisiana § 11:3139
JurisdictionLouisiana
Title 11Consolidated Public Retirement Systems
This text of Louisiana § 11:3139 (Fiscal affairs of the fund; investments) 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. § 11:3139 (2026).
Text
The board of trustees may at any time, after considering the probable current demands upon such Fund, determine what portion of said fund may be safely withdrawn from the current cash account for investment for revenue purposes, and having so determined, invest the same in the manner hereinafter authorized, and all proceedings of the board of trustees relating thereto shall be entered upon its records. Such investment shall be in interest bearing bonds of the United States of America, State of Louisiana, City of Bastrop, Louisiana, or may be invested with any institution where said funds are one hundred percent insured by the United States Government. All income from such investment shall be and become a part of said Firemen's Pension and Relief Fund. All such securities shall be deposited
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Nearby Sections
15
§ 11:3101
§ 11:3101§ 11:3102
Composition of the fund§ 11:3103
Control and management§ 11:3104
Board of Trustees; composition§ 11:3106
Treasurer; duties; bond§ 11:3107
Board of trustees; duties§ 11:3108
Secretary; duties; powers§ 11:311
§ 11:311§ 11:3110
Investments§ 11:3113
Pensions and benefitsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 11:3139, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/11%3A3139.