Louisiana § 23:1168.5 Deposit of monies collected

Louisiana Statutes

§ 23:1168.5 — Deposit of monies collected

Louisiana § 23:1168.5

Title 23Labor and Workers' Compensation

This text of Louisiana § 23:1168.5 (Deposit of monies collected) 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. § 23:1168.5 (2026).

Text

§1168.5. Deposit of monies collected
The monies collected by the assistant secretary shall be deposited in one or more state
or national banks, savings banks, trust companies, or savings and loan associations chartered
to do business in this state. Any depository so selected shall provide the same security for
such deposits as that required for the deposit of state funds pursuant to the provisions of R.S.
49:321. The assistant secretary r may in his discretion deposit such monies or any part
thereof in a national bank or trust company as a trust fund. For the purposes of this Section,
the assistant secretary shall be considered a "depositing authority" pursuant to R.S. 49:321.

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§1168.5. Deposit of monies collected
The monies collected by the assistant secretary shall be deposited in one or more state
or national banks, savings banks, trust companies, or savings and loan associations chartered
to do business in this state. Any depository so selected shall provide the same security for
such deposits as that required for the deposit of state funds pursuant to the provisions of R.S.
49:321. The assistant secretary r may in his discretion deposit such monies or any part
thereof in a national bank or trust company as a trust fund. For the purposes of this Section,
the assistant secretary shall be considered a "depositing authority" pursuant to R.S. 49:321.