There is a newer version
of
this Statute
2020 Louisiana Laws
Revised Statutes
Title 51 - Trade and Commerce
§2395.1. Legal investments
Universal Citation: LA Rev Stat § 51:2395.1 (2020)
RS 2395.1 - Legal investments
Any parish, municipality, school board, special district, or political subdivision may legally invest any monies or funds belonging to them or within their control in a BIDCO established pursuant to this Chapter. Nothing contained in this Section with regard to legal investments shall be construed as relieving any person or persons of any duty of exercising reasonable care in selecting securities.
Acts 2007, No. 159, §2.
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.