Louisiana Revised Statutes > Title 9 > CODE TITLE II > Chapter 4 > Part III – Miscellaneous Provisions
Current as of: 2023 | Check for updates
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| § 9:2440 | Continued validity of previously executed testaments |
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE II > Chapter 4 > Part III - Miscellaneous Provisions
- Board of trustees: means and includes the members of the board of trustees of the retirement system. See Louisiana Revised Statutes 11:951.1
- Jurisprudence: The study of law and the structure of the legal system.
- Legacy: A gift of property made by will.
- Retirement: means withdrawal from active service with a retirement allowance allowable under the provisions of this Part. See Louisiana Revised Statutes 11:951.1
- Retirement system: means the corporation known as the Orleans Parish School Employees' Retirement System established in La. See Louisiana Revised Statutes 11:951.1
Louisiana Revised Statutes > Title 9 > CODE TITLE II > Chapter 4 > Part III – Miscellaneous Provisions
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE II > Chapter 4 > Part III - Miscellaneous Provisions
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Board of trustees: means and includes the members of the board of trustees of the retirement system. See Louisiana Revised Statutes 11:951.1
- Decedent: A deceased person.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Medical board: means the board of physicians provided for in this Part. See Louisiana Revised Statutes 11:951.1
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Participant: means any employee who is entitled to the beneficial provisions of this retirement system. See Louisiana Revised Statutes 11:951.1
- Pension: means annual payments for life, payable in equal monthly installments, derived from money provided by the Orleans Parish School Board and other amounts accumulated in the pension accumulation account as provided for in this Part. See Louisiana Revised Statutes 11:951.1
- Regular interest: means interest compounded annually at such rate as shall be determined by the board of trustees. See Louisiana Revised Statutes 11:951.1
- Retirement: means withdrawal from active service with a retirement allowance allowable under the provisions of this Part. See Louisiana Revised Statutes 11:951.1
- Retirement system: means the corporation known as the Orleans Parish School Employees' Retirement System established in La. See Louisiana Revised Statutes 11:951.1
- Service: means service rendered by an employee as herein defined. See Louisiana Revised Statutes 11:951.1
- Testator: A male person who leaves a will at death.