Louisiana Statutes
§ 11:3641 — Investment of funds
Louisiana·Title 11 Consolidated Public Retirement Systems
The board may from time to time invest the avails of the fund, in whole or in part. The investment shall be made in bonds of the United States, or in bonds of the state, or in bonds of the city of New Orleans, principal and interest of which are payable out of an ad valorem tax.
Redesignated from R.S. 33:2289 by Acts 1991, No. 74, §3, eff. June 25, 1991.
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Nearby Sections
15
§ 11:3601
§ 11:3601§ 11:3602
Board of directors; composition§ 11:3603
Treasurer; duties; bond§ 11:3609
Pensions and benefits§ 11:3610
First payment by city§ 11:3611
Separation from service§ 11:3612
Military service credit§ 11:3613
Member participation§ 11:3614
Computation of length of service§ 11:3615
Violations; penalties