RS 11:264.1
49 words·~1 min read·
/la/title-11/11-637A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 11:264.1
§264.1. Liabilities; discretionary control
Legislators, state officials, system attorneys, accountants, and actuaries shall not be considered fiduciaries unless they exercise discretionary control over the management or administration of the system or some authority or control over system assets.
Acts 1992, No. 1046, §1, eff. July 1, 1993.