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Code · Louisiana · Title 11 — Consolidated Public Retirement

RS 11:1546

83 words·~1 min read·/la/title-11/11-244

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RS 11:1546
§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.
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