Statutes, codes, and regulations
Louisiana Revised Statutes
REVISED STATUTESTitle 11 - Consolidated Public RetirementSubtitle I - GENERAL AND PRELIMINARY PROVISIONSChapter 4 - PROVISIONS AFFECTING MORE THAN ONE SYSTEMPart II - GENERAL PROVISIONS
Subpart I - FIDUCIARY AND INVESTMENT RESPONSIBILITIES
Section 11:264.1 - Liabilities; discretionary control

La. Consolidated Public Retirement § 11:264.1

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Current with changes from the 2024 Legislative Session
Section 11:264.1 - 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.

La. Consolidated Public Retirement § 11:264.1

Acts 1992, No. 1046, §1, eff. July 1, 1993.
Acts 1992, No. 1046, §1, eff. 7/1/1993.