Louisiana Statutes
§ 11:3718 — Property for benefit of fund; minimum fund required before disbursements can be made
Louisiana § 11:3718
JurisdictionLouisiana
Title 11Consolidated Public Retirement Systems
This text of Louisiana § 11:3718 (Property for benefit of fund; minimum fund required before disbursements can be made) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 11:3718 (2026).
Text
A.The board may receive property of any nature for the benefit of the fund.
B.The sum of fifty thousand dollars shall be retained as a permanent fund. No pension shall be paid or money drawn from the fund until the sum of fifteen thousand dollars, over and above the fifty thousand dollars held as a permanent fund is to the fund's credit.
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Legislative History
Acts 1968, No. 641, §2; Redesignated from R.S. 33:2358 by Acts 1991, No. 74, §3, eff. June 25, 1991.
Nearby Sections
15
§ 11:3701
§ 11:3701§ 11:3711
§ 11:3711§ 11:3712
Appropriation of fund§ 11:3713
Fund not to be commingled§ 11:3714
Board of trustees of fund§ 11:3716
Duties of treasurer; bond§ 11:3717
Deposit of money collected for fund§ 11:3719
Investment of fund§ 11:3720
Money available for pensions§ 11:3721
Disbursements upon warrants§ 11:3722
Financial reporting§ 11:3724
Pensions and benefitsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 11:3718, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/11%3A3718.