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Prudent-man rule; investments

La. R.S. 11:313
in effect
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11:313. Prudent-man rule; investments Notwithstanding the prudent-man rule, a system board of trustees may but is not required to divest itself of any holding in a company having facilities or employees, or both, located in a prohibited nation as that term is defined in R.S. 11:312(B)(2). Acts 2007, No. 352, §1.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=451743Fetched: 10/20/2026

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La. R.S. 11:313 — Prudent-man rule; investments | Louisiana Revised Statutes, Codes and Constitution (through the 2025 First Extraordinary Session) | Corpus