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La. Rev. Stat. § 11:1842

Board of trustees as custodian of funds

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

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La. Rev. Stat. § 11:1842, Board of trustees as custodian of funds, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2674559
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The board of trustees shall be the custodian of the several funds. All expense vouchers and pension payrolls shall be certified by the administrative director. The administrative director shall furnish the board of trustees a surety bond in a company authorized to do business in Louisiana and in such an amount as shall be required by the board, the premium to be paid from the expenses of the fund.