Louisiana Revised Statutes 11:2032 – Name and date of establishment
Terms Used In Louisiana Revised Statutes 11:2032
- Board of trustees: shall mean the board provided for in La. See Louisiana Revised Statutes 11:2031
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Retirement: shall mean withdrawal from active service with a retirement allowance granted under the provisions of this Chapter. See Louisiana Revised Statutes 11:2031
- Retirement allowance: shall mean the sum of the annuity and the pensions, or any optional benefit payable in lieu thereof. See Louisiana Revised Statutes 11:2031
- Retirement system: shall mean the Registrars of Voters Employees' Retirement System as defined in La. See Louisiana Revised Statutes 11:2031
A. A retirement system is hereby established and placed under the management of the board of trustees for the purpose of providing retirement allowance and other benefits under the provisions of this Chapter for registrars of voters, their deputies, and their permanent employees in each parish. The retirement system so created shall be established as of the first day of January nineteen hundred and fifty-five.
B. It shall have the power and the privileges of a corporation and shall be known as the “Registrars of Voters Employees’ Retirement System” and by such name all of its business shall be transacted, all of its funds invested and all of its cash and securities and other property held.
Acts 1954, No. 215, §2; Redesignated from La. Rev. Stat. 18:1652 by Acts 1991, No. 74, §3, eff. June 25, 1991.