Louisiana Statutes
§ 11:3502 — Appropriation of fund
Louisiana·Title 11 Consolidated Public Retirement Systems
A.If the municipality has more than fifty thousand inhabitants, it shall set aside for the fund, twenty percent of all fines collected by its municipal courts for the infraction of municipal ordinances and ten percent of the money collected for licenses, privilege taxes, or permits for the sale of beverages containing alcohol. The municipality shall appropriate and pay out of its general alimony taxes, into the fund, annually at the beginning of the fiscal year, an amount equal to any deficit which occurs in the operation of the fund for the preceding year.
B.If the municipality has a population of fifty thousand or less, it shall set aside for the fund, twenty-five percent of the fines collected by its municipal courts for the infraction of municipal ordinances and twenty percent of the
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Legislative History
Amended by Acts 1954, No. 246, §1; Redesignated from R.S. 33:2222 by Acts 1991, No. 74, §3, eff. June 25, 1991.
Nearby Sections
15
§ 11:3501
§ 11:3501§ 11:3502
Appropriation of fund§ 11:3503
Fund not to be commingled§ 11:3504
Board of trustees; members§ 11:3506
Duties of treasurer; salary; bond§ 11:3507
Deposit of money collected for fund§ 11:3509
Investment of fund§ 11:3510
Money available for pensions§ 11:3511
Disbursement upon warrants§ 11:3512
Annual financial report§ 11:3513
Fund not subject to execution