Louisiana Statutes

§ 49:323 — State depositing authorities not responsible for funds deposited

Louisiana § 49:323
JurisdictionLouisiana
Title 49State Administration

This text of Louisiana § 49:323 (State depositing authorities not responsible for funds deposited) 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. § 49:323 (2026).

Text

State depositing authorities which have complied with the provisions of R.S. 49:320 through 49:324 shall not be responsible for any funds deposited in depositories selected by the Interim Emergency Board; but all depositing authorities shall be responsible for the safekeeping and returning of the collateral deposited with them by fiscal agent banks as security for the deposits by them made with the state depositories.

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Legislative History

Acts 1976, No. 428, §1, eff. July 31, 1976.

Nearby Sections

15
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Bluebook (online)
Louisiana § 49:323, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/49%3A323.