Louisiana § RS 41:724 - Disposition of moneys collected

Full text of Louisiana Louisiana Civil Code § RS 41:724 — Disposition of moneys collected, with citation guidance and answers to common questions.

§ RS 41:724. Disposition of moneys collected

The attorney shall receive ten per cent of all moneys collected by him on notes given for sixteenth sections, and after deducting the ten per cent he shall turn over the remainder to the treasurer of the school funds, for the parish in which the lands are situated.  The treasurer shall transmit the moneys through the State Auditor, to the State Treasurer.  Any moneys thus received into the state treasury from the collections, shall bear interest at the rate of four per cent per annum, and shall be credited to the township to which the moneys belong.

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 41:724

What does Louisiana Civil Code § RS 41:724 cover?

Section RS 41:724 ("Disposition of moneys 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 41:724?

A common citation format is "Louisiana Civil Code § RS 41:724" (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 41:724 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.