Basic fiduciary duty

La. Rev. Stat. § 11:264.3, under Consolidated Public Retirement.

La. Rev. Stat. § 11:264.3

§264.3. Basic fiduciary duty The basic duty of a fiduciary is to discharge his duties with respect to the system in the exclusive interest of the members and beneficiaries. Acts 1992, No. 1046, §1, eff. July 1, 1993.