Louisiana Statutes
§ 51:2395.1 — Legal investments
Louisiana § 51:2395.1
JurisdictionLouisiana
Title 51Trade and Commerce
This text of Louisiana § 51:2395.1 (Legal investments) 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. § 51:2395.1 (2026).
Text
Any parish, municipality, school board, special district, or political subdivision may legally invest any monies or funds belonging to them or within their control in a BIDCO established pursuant to this Chapter. Nothing contained in this Section with regard to legal investments shall be construed as relieving any person or persons of any duty of exercising reasonable care in selecting securities.
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Legislative History
Acts 2007, No. 159, §2.
Nearby Sections
2
§ 51:2395
Transaction of business§ 51:2395.1
Legal investmentsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 51:2395.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/51%3A2395.1.