Louisiana § RS 49:323 - State depositing authorities not responsible for funds deposited
Full text of Louisiana Louisiana Civil Code § RS 49:323 — State depositing authorities not responsible for funds deposited, with citation guidance and answers to common questions.
§ RS 49:323. State depositing authorities not responsible for funds deposited
State depositing authorities which have complied with the provisions of R.S. 49:320 through 49:324 shall not be responsible for any funds deposited in depositories selected by the Interim Emergency Board; but all depositing authorities shall be responsible for the safekeeping and returning of the collateral deposited with them by fiscal agent banks as security for the deposits by them made with the state depositories.
Acts 1976, No. 428, §1, eff. July 31, 1976.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 49:323
What does Louisiana Civil Code § RS 49:323 cover?
Section RS 49:323 ("State depositing authorities not responsible for funds deposited") 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 49:323?
A common citation format is "Louisiana Civil Code § RS 49:323" (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 49:323 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.