Louisiana Statutes
§ 11:3642 — Depository for funds; interest and earnings to accrue to fund
Louisiana·Title 11 Consolidated Public Retirement Systems
The board shall select a bank in the city of New Orleans in which all monies received from any source shall be deposited by the treasurer of the board. Any interest paid upon deposits, together with any earnings, whether by interest, dividends, premiums, or otherwise, of the fund, shall accrue to and become a part of the fund.
Redesignated from R.S. 33:2290 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