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La. Rev. Stat. § 11:852

Secretary-treasurer as custodian of funds; bond

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

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La. Rev. Stat. § 11:852, Secretary-treasurer as custodian of funds; bond, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2673961
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The secretary-treasurer of the board of trustees shall be the custodian of the several funds. All payments from these funds shall be made by him or the assistant secretary-treasurer only upon vouchers signed by two persons designated by the board of trustees. The secretary-treasurer and assistant secretary-treasurer of the board of trustees shall furnish said board a surety bond in a company authorized to do business in Louisiana in such an amount as shall be required by the board, the premium to be paid from the expense fund.