There is a newer version
of
this Statute
2020 Louisiana Laws
Revised Statutes
Title 11 - Consolidated Public Retirement
§313. Prudent-man rule; investments
Universal Citation: LA Rev Stat § 11:313 (2020)
RS 313 - Prudent-man rule; investments
Notwithstanding the prudent-man rule, a system board of trustees may but is not required to divest itself of any holding in a company having facilities or employees, or both, located in a prohibited nation as that term is defined in R.S. 11:312(B)(2).
Acts 2007, No. 352, §1.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.