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La. Rev. Stat. § 11:264.4

Exclusive interest rule

Louisiana · Louisiana Revised Statutes Title 11 — Consolidated Public Retirement · Status: effective

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La. Rev. Stat. § 11:264.4, Exclusive interest rule, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2673650
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A fiduciary must discharge his duties within the law solely in the interest of system members and beneficiaries for the exclusive purpose of providing benefits to participants and beneficiaries and paying the expenses of administering the plan.