Louisiana Revised Statutes 11:1582 – Name and date of establishment
Terms Used In Louisiana Revised Statutes 11:1582
- Board of Trustees: shall mean the Board provided for in La. See Louisiana Revised Statutes 11:1581
- 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 11:1581
- Retirement System: shall mean the District Attorneys' Retirement System as defined in La. See Louisiana Revised Statutes 11:1581
A. A retirement system is hereby established and placed under the management of the board of trustees for the purpose of providing retirement allowances and other benefits under the provisions of this Chapter for district attorneys and their assistants in each parish. The retirement system so created shall be established as of the first day of August nineteen hundred and fifty-six.
B. It shall have the power and the privileges of a corporation and shall be known as the “District Attorneys’ 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.
Added by Acts 1956, No. 56, §2; Redesignated from La. Rev. Stat. 16:1002 by Acts 1991, No. 74, §3, eff. June 25, 1991.