Louisiana Statutes
§ 11:3316 — Treasurer; duties; bond
Louisiana·Title 11 Consolidated Public Retirement Systems
The said Commissioner of Finance of the City of Lake Charles shall be the Treasurer of said board of directors and custodian of all funds belonging to said Pension Relief Fund. He shall deposit the funds in such depositories as may be designated by said Board and shall disburse funds belonging to said Pension Relief Fund, only upon warrant of the Secretary of said board, countersigned by the President thereof. The official bond of said Commissioner of Finance shall be security for the faithful performance, by said Commissioner of Finance, of his duties as Treasurer of the said board of directors or in lieu thereof he may furnish a valid surety bond in the sum of ten thousand dollars. The premium for the bond shall be paid out of said fund.
Designated from Acts 1944, No. 186, §6 by Acts 199
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Nearby Sections
15
§ 11:3300
Exemption from state income tax§ 11:3311
§ 11:3311§ 11:3312
Composition of the fund§ 11:3313
Control and management§ 11:3314
Board of directors; composition§ 11:3315
Election of officers; term§ 11:3316
Treasurer; duties; bond§ 11:3317
Board of directors; duties; meetings§ 11:3318
Secretary; duties; powers§ 11:3322
Pensions and benefits§ 11:3323
Separation from service§ 11:3324
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