RS 11:3642 Depository for funds; interest and earnings to accrue to fund - Louisiana Statutes

§3642.  Depository for funds; interest and earnings to accrue to fund

The board shall select a bank in the city of New Orleans in which all monies received from any source shall be deposited by the treasurer of the board.  Any interest paid upon deposits, together with any earnings, whether by interest, dividends, premiums, or otherwise, of the fund, shall accrue to and become a part of the fund.  

Redesignated from R.S. 33:2290 by Acts 1991, No. 74, §3, eff. June 25, 1991.