Louisiana Revised Statutes 11:1652 – Trustees; oath of office; voting powers
Terms Used In Louisiana Revised Statutes 11:1652
- Member: shall include any employee, as defined in Paragraph (10) of this Section, included in the membership of this system as provided in Part II of this Chapter. See Louisiana Revised Statutes 11:1581
- Oath: A promise to tell the truth.
- Retirement: shall mean withdrawal from active service with a retirement allowance granted under the provisions of this Chapter. See Louisiana Revised Statutes 11:1581
- Trustee: A person or institution holding and administering property in trust.
A. Each trustee shall, within ten days after his appointment or election, take an oath of office that, so far as it devolves upon him, he will diligently and honestly administer the affairs of the said board, and that he will not knowingly violate or willingly permit to be violated any of the provisions of law applicable to the retirement system. Such oath shall be subscribed to by the member making it, and certified by the officer before whom it is taken, and immediately filed in the office of the secretary of state.
B. Each trustee shall be entitled to one vote in the board. Three votes shall be necessary for a decision by the trustees at any meeting of said board.
Added by Acts 1956, No. 56, §6(5), (6); Redesignated from La. Rev. Stat. 16:1062 by Acts 1991, No. 74, §3, eff. June 25, 1991.