{"data":{"id":"us-la/rs-11-3718","jurisdiction":"us-la","citation":"RS 11:3718","heading":"Property for benefit of fund; minimum fund required before disbursements can be made","body":"A. The board may receive property of any nature for the benefit of the fund.\nB. The sum of fifty thousand dollars shall be retained as a permanent fund. No pension shall be paid or money drawn from the fund until the sum of fifteen thousand dollars, over and above the fifty thousand dollars held as a permanent fund is to the fund's credit.","path":["TITLE 11. CONSOLIDATED PUBLIC RETIREMENT"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=75592","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:48Z","sha256":"1bb8735f9b0f71382181e8d83257a045e702cc7fa6ae6680f481020456ce3b09","source_id":"us-la","stale":false,"prev":"us-la/rs-11-3717","next":"us-la/rs-11-3719"},"notice":"GroundRules: Original legal text. Not legal advice."}