Louisiana Revised Statutes 11:41 – The purpose of this Subpart is to initiate compliance with the requirements of Article X, Section 29(E)(2)(c) and (3) of the Constitution of Louisiana that the legislature provide with res
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 11:41
- Amortization: Paying off a loan by regular installments.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The purpose of this Subpart is to initiate compliance with the requirements of Article X, Section 29(E)(2)(c) and (3) of the Constitution of Louisiana that the legislature provide with respect to the amortization of the unfunded accrued liabilities of state and statewide public retirement systems. Acts 1988, No. 81, §2, eff. July 1, 1989.