Louisiana § 11:3544 City of Houma; composition of board of trustees; secretary-treasurer; investments

Louisiana Statutes

§ 11:3544 — City of Houma; composition of board of trustees; secretary-treasurer; investments

Louisiana·Title 11 Consolidated Public Retirement Systems

A.Notwithstanding any other provision of the law to the contrary, the board of trustees of the Police Pension and Relief Fund for the city of Houma shall consist of the director of finance for the parish of Terrebonne, the chief of police for the city of Houma, and one member to be elected from the police department for the city of Houma by majority vote.

B.The director of finance shall be the secretary-treasurer of the board and shall have the authority to invest assets of the fund. Any investment by the secretary-treasurer may be set aside by majority vote of the board.

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A. Notwithstanding any other provision of the law to the contrary, the board of trustees of the Police Pension and Relief Fund for the city of Houma shall consist of the director of finance for the parish of Terrebonne, the chief of police for the city of Houma, and one member to be elected from the police department for the city of Houma by majority vote.
B. The director of finance shall be the secretary-treasurer of the board and shall have the authority to invest assets of the fund. Any investment by the secretary-treasurer may be set aside by majority vote of the board.

Louisiana § 11:3544 (City of Houma; composition of board of trustees; secretary-treasurer; investments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.