Louisiana Statutes
§ 11:3320 — Fiscal affairs of the fund; investment
Louisiana § 11:3320
JurisdictionLouisiana
Title 11Consolidated Public Retirement Systems
This text of Louisiana § 11:3320 (Fiscal affairs of the fund; investment) 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. § 11:3320 (2026).
Text
The said board of directors 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time, after considering the probable current demands upon such fund, determine what portion of said fund may be safely withdrawn from the current cash account for investment for revenue purposes, and having so determined, invest the same in the manner hereinafter authorized. Such investment shall be only in interest bearing bonds of the United States of America, or of the State of Louisiana, or of the said City of Lake Charles. All income from such investments shall be and become a part of the said Firemen's Pension and Relief Fund. All such securities shall be deposited with the fiscal agent of the City of Lake Charles and its receipt therefor filed with the Secretary.
Designated from Acts 1944, No. 186, §10 by Acts 1991, No. 74, §3, eff. June 25, 1
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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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Bluebook (online)
Louisiana § 11:3320, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/11%3A3320.