La. Rev. Stat. § 11:261
Purpose
Louisiana · Louisiana Revised Statutes Title 11 — Consolidated Public Retirement · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 11:261, Purpose, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2673643
- Permanent ID
ys:prov:2673643@1- SHA-256
b7344f0903b17295323eb707d29acc6d3c99761195b1c52cac09cbfba0178313
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The legislature recognizes that the fiscal integrity of various governments of and within this state and the financial security of employees and citizens of these various governments require that the public retirement or pension systems, funds, and plans maintained primarily for officers and employees of the governments be maintained on a sound actuarial basis. It is further recognized that the fiduciary responsibilities and the investment practices of these systems, funds, and plans are an integral part of such maintenance. It is also recognized that the legislative branch of state government bears a responsibility with respect to this maintenance. Accordingly, the purpose of this Subpart is to provide for the governing of fiduciary responsibilities and investments by public retirement or pension systems, funds, and plans.