Louisiana Statutes
§ 49:323 — State depositing authorities not responsible for funds deposited
Louisiana·Title 49 State Administration
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
§ 49:3.1
Legislative intent and purpose§ 49:301
§ 49:301§ 49:303
Seal§ 49:304
Residence§ 49:305
Bond§ 49:306
Authority to administer oaths§ 49:307
Duties in general§ 49:307.1
Attendance at meetings; representation