La. Consolidated Public Retirement § 11:1546

Current with operative changes from the 2024 Third Special Legislative Session

Section 11:1546 - Private interest of trustees and employees in financial operation of system prohibited

No trustee and no employee of the board of trustees shall have any direct interest in the gains or profits of any investment made by the board of trustees, nor as such receive any pay or emolument for his service other than reimbursement of expenses.

Acts 1986, No. 1063, §1, eff. Oct. 1, 1986; Redesignated from R.S. 13:956 by Acts 1991, No. 74, §3, eff. June 25, 1991.

Acts 1986, No. 1063, §1, eff. 10/1/1986; Redesignated from R.S. 13:956 by Acts 1991, No. 74, §3, eff. 6/25/1991.