The funds and properties of this retirement system held in any bank of the state shall be safeguarded by a fidelity and surety bond, the amount of which shall be determined by the board of trustees.
La. R.S. 11:1184
Bond for funds on deposit
Known as the Early Retirement and Payroll Reduction Act
The act spans §§ 11–11 (622 sections).
Redesignated from R.S. 17:964 by Acts 1991, No. 74, §3, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.