Louisiana § RS 23:1168.5 - Deposit of monies collected
Full text of Louisiana Louisiana Civil Code § RS 23:1168.5 — Deposit of monies collected, with citation guidance and answers to common questions.
§ RS 23:1168.5. Deposit of monies collected
The monies collected by the assistant secretary shall be deposited in one or more state or national banks, savings banks, trust companies, or savings and loan associations chartered to do business in this state. Any depository so selected shall provide the same security for such deposits as that required for the deposit of state funds pursuant to the provisions of R.S. 49:321. The assistant secretary r may in his discretion deposit such monies or any part thereof in a national bank or trust company as a trust fund. For the purposes of this Section, the assistant secretary shall be considered a "depositing authority" pursuant to R.S. 49:321.
Acts 2006, No. 49, §1, eff. May 16, 2006.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 23:1168.5
What does Louisiana Civil Code § RS 23:1168.5 cover?
Section RS 23:1168.5 ("Deposit of monies collected") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 23:1168.5?
A common citation format is "Louisiana Civil Code § RS 23:1168.5" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 23:1168.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.