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La. Rev. Stat. § 33:2931

Responsibility of depositing authority

Louisiana · Louisiana Revised Statutes Title 33 — Municipalities and Parishes · Status: effective

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La. Rev. Stat. § 33:2931, Responsibility of depositing authority, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2716239
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Any depositing authority who has complied with R.S. 33:2928 through R.S. 33:2930 shall not be responsible for any funds deposited in depositories selected by the city governing body. All depositing authorities shall be responsible for the safe-keeping and returning of the collateral deposited with them by fiscal agent banks as security for the deposits made by them with such depositories.