RS 51:3108 - Deposit of public funds by state A. The treasurer may deposit public funds with a financial institution designated as a banking district depository. B. Subject to an agreement between the treasurer and the banking district depository, public funds deposited in the banking district depository may earn a fixed interest rate that is at or below the financial institution's posted two year certificate of deposit rate. Acts 2007, No. 255, §1.
Louisiana Legal Code