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Depositing authorities located in parishes or municipalities of over one hundred thousand; supplemental private contracts with banks

La. R.S. 39:1216
in effect
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39:1216. Depositing authorities located in parishes or municipalities of over one hundred thousand; supplemental private contracts with banks If a local depositing authority, located in whole or in part in a parish or municipality having a population of over one hundred thousand finds existing contracts, or any subsequent contracts, inadequate to meet its needs and requirements, it may enter into such a supplemental contract with any bank within or without the state as is deemed necessary best to meet its needs and requirements; provided, that all of the provisions of this Chapter, with respect to security for deposits and other requirements are complied with.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=95765Fetched: 10/20/2026

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