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2018 Louisiana Laws
Revised Statutes
TITLE 33 - Municipalities and Parishes
RS 33:2931 - Responsibility of depositing authority
Universal Citation: LA Rev Stat § 33:2931 (2018)
§2931. Responsibility of depositing authority
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.
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