Louisiana Statutes
§ 11:3503 — Fund not to be commingled
Louisiana·Title 11 Consolidated Public Retirement Systems
All funds derived and held or invested under the provisions of this Subpart shall be administered as a sacred trust for the sole purposes stated in this Subpart and at no time commingled or combined with any other fund.
Redesignated from R.S. 33:2223 by Acts 1991, No. 74, §3, eff. June 25, 1991.
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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