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The board of trustees shall select a bank, or banks, in the city of New Orleans, in which all monies shall be deposited by the secretary-treasurer of the board.  

Amended by Acts 1962, No. 403, §1; Acts 1969, No. 120, §1; Redesignated from La. Rev. Stat. 33:2110 by Acts 1991, No. 74, §3, eff. June 25, 1991.