Louisiana Statutes

§ 17:99 — Investment of funds

Louisiana·Title 17 Credit Union Law

Parish and city school boards may invest any funds which they may have on hand, from whatever source derived, in direct obligations of the United States government and in time certificates of deposit of state banks organized under the laws of Louisiana and national banks having their principal office in the state of Louisiana.

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Legislative History

Amended by Acts 1966, No. 162, §1; Acts 1995, No. 1126, §2, eff. June 29, 1995.

Nearby Sections

15

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State Board of Elementary and Secondary Education; creation; membership; terms of

§ 17:1.1

REPEALED BY ACTS 1992, NO. 6, §3, EFF. MAY 13, 1992

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§ 17:100

Parishes authorized to aid in construction of schools

§ 17:100.1

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