Louisiana Revised Statutes 11:265 – Compensation of investment advisors
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Terms Used In Louisiana Revised Statutes 11:265
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Each board of trustees of the various public retirement systems, plans, or funds is hereby authorized, in requesting proposals for investment advisory services, to require that fees shall be quoted as a fixed fee, a fee based on market value of assets, or a performance fee.
Acts 1990, No. 172, §1; Redesignated from La. Rev. Stat. 42:717.1 by Acts 1991, No. 74, §3, eff. June 25, 1991.