reglab/housing_qa huggingface dataset:
LA Rev Stat § 10:9-807 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§9-807. Amendment of pre-effective-date financing statement

RS 9-807 - Amendment of pre-effective-date financing statement (a) "Pre-effective-date financing statement". In this Section and in R.S. 10:9-806, "pre-effective-date financing statement" means a financing statement filed before the Act takes effect. (b) Applicable law. After the Act takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Chapter 9 as amended by the Act; however, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed. (c) Method of amending: general rule. Except as otherwise provided in Subsection (d) of this Section, if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after the Act takes effect only if: (1) the pre-effective-date financing statement and an amendment are filed in the office specified in R.S. 10:9-501; (2) an amendment is filed in the office specified in R.S. 10:9-512(a) concurrently with, or after the filing in that office of, an initial financing statement that satisfies R.S. 10:9-806(c); or (3) an initial financing statement that provides the information as amended and satisfies R.S. 10:9-806(c) is filed in the office specified in R.S. 10:9-501. (d) Method of amending: continuation. If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under R.S. 10:9-805(c) and (e) or 9-806. (e) Method of amending: additional termination rule. Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after the Act takes effect by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies R.S. 10:9-806(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Chapter 9 as amended by the Act as the office in which to file a financing statement. Acts 2012, No. 450, §2, eff. July 1, 2013.
LA Rev Stat § 10:9-808 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§9-808. Person entitled to file initial financing statement or continuation statement

RS 9-808 - Person entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement under this Part if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under this Part: (A) to continue the effectiveness of a financing statement filed before the Act takes effect; or (B) to perfect or continue the perfection of a security interest. Acts 2012, No. 450, §2, eff. July 1, 2013.
LA Rev Stat § 10:9-809 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§9-809. Priority

RS 9-809 - Priority Chapter 9 as amended by the Act determines the priority of conflicting claims to collateral; however, if the relative priorities of the claims were established before the Act takes effect, Chapter 9 as it existed before amendment determines priority. Acts 2012, No. 450, §2, eff. July 1, 2013.
LA Rev Stat § 11:1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§1. Short title

RS 1 - Short title  This Title shall be known as the "Louisiana Public Retirement Law". Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§2. Purpose of Title

RS 2 - Purpose of Title  The purpose of this Title is to consolidate public retirement law in order to effectively comply with the mandate of Article X, Section 29(E) of the Constitution of Louisiana to maintain public retirement systems on a sound actuarial basis.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§3. Conflicts; provisions of Title to control

RS 3 - Conflicts; provisions of Title to control  Except as is specifically otherwise provided, the provisions of this Title do not repeal comparable provisions contained within separate laws governing state and statewide public retirement systems. However, the provisions of this Title shall be controlling in case of conflict with the separate laws. The separate laws shall continue to be operable to the extent they are not in conflict with the provisions of this Title.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§4. Classifications of public retirement systems; state systems; statewide systems

RS 4 - Classifications of public retirement systems; state systems; statewide systems  As used in this Title, unless the context clearly indicates otherwise, the following terms shall have the meanings ascribed to them:  A.(1) The term "state retirement system", "state system", or "state pension or retirement system, plan, or fund" shall mean one of the following:  (a) Louisiana State Employees' Retirement System.  (b) Teachers' Retirement System of Louisiana.  (c) Louisiana School Employees' Retirement System.  (d) Louisiana State Police Retirement System.  (2) The term "state retirement systems", "state systems", or "state pension or retirement systems, plans, or funds" shall mean the four state systems listed in Paragraph (1) of this Subsection and no other system or systems.  B.(1) The term "statewide retirement system", "statewide system", or "statewide pension or retirement system, plan, or fund" shall mean one of the following:  (a) Assessors' Retirement Fund.  (b) Clerks' of Court Retirement and Relief Fund.  (c) District Attorneys' Retirement System.  (d) Firefighters' Retirement System.  (e) Municipal Employees' Retirement System of Louisiana.  (f) Municipal Police Employees' Retirement System of Louisiana.  (g) Parochial Employees' Retirement System of Louisiana.  (h) Registrars of Voters Employees' Retirement System.  (i) Sheriffs' Pension and Relief Fund.  (2) The term "statewide retirement systems", "statewide systems", or "statewide pension or retirement systems, plans, or funds" shall mean the nine statewide systems listed in Paragraph (1) of this Subsection and no other system or systems.  C. Any public pension or retirement system, plan, or fund not listed in Subsection A or B of this Section shall not be considered a state or statewide retirement system.  Acts 2010, No. 992, §1, eff. Jan. 1, 2011; Acts 2012, No. 227, §1.
LA Rev Stat § 11:11 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§11. Purpose of Chapter

RS 11 - Purpose of Chapter  The purpose of this Chapter is to serve as a depositary for legislation involved in a continuing process of consolidation of law relative to required contributions to public retirement systems to achieve and maintain those systems on a sound actuarial basis.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:21 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§21. Purpose of Subpart

RS 21 - Purpose of Subpart  The purpose of this Subpart is to comply with the requirements of Article X, Section 29(E)(1) of the Constitution of Louisiana that the legislature establish for each state or statewide public retirement system, a particular method of actuarial valuation to be employed.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:22 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§22. Methods of actuarial valuation established

RS 22 - Methods of actuarial valuation established  A. The provisions of this Section govern the funding methods utilized by state and statewide public retirement systems to determine actuarially required contributions.  B. The following funding methods shall be utilized to determine actuarially required contributions:  (1) Assessors' Retirement Fund: frozen attained age normal.  (2) Clerks' of Court Retirement and Relief Fund: frozen attained age normal.  (3) District Attorneys' Retirement System: aggregate.  (4) Firefighters' Retirement System: frozen initial liability.  (5) Louisiana School Employees' Retirement System: entry age normal. (6) Louisiana State Employees' Retirement System: entry age normal.  (7) Municipal Police Employees' Retirement System: entry age normal.  (8) Municipal Employees' Retirement System of Louisiana:  (a) Plan A: frozen attained age normal.  (b) Plan B: frozen attained age normal.  (9) Parochial Employees' Retirement System of Louisiana:  (a) Plan A: frozen attained age normal.  (b) Plan B: aggregate.  (c) Plan C: entry age normal.  (10) Registrars of Voters Employees' Retirement System: aggregate.  (11) Sheriffs' Pension and Relief Fund: frozen attained age normal.  (12) Louisiana State Police Retirement System: entry age normal. (13) Teachers' Retirement System of Louisiana: entry age normal.  C. For any of the systems set forth in Subsection B of this Section which have established excess benefit plans, the present value of benefits shall for funding purposes include the present value of any credits granted to employers for contributions to such excess benefit plans.  D. For any system set forth in Subsection B of this Section that is funded utilizing the frozen attained age normal method, the actuarial valuation method of the system shall be converted to the aggregate funding method in the system's first valuation in which the frozen unfunded actuarial accrued liability is fully amortized.  Acts 1988, No. 81, §2, eff. July 1, 1989; Acts 1988, 2nd Ex. Sess., No. 6, §2, eff. Oct. 31, 1988; Acts 1989, No. 501, §1, eff. July 1, 1989; Acts 1992, No. 165, §1, eff. July 1, 1992; Acts 1997, No. 867, §1, eff. July 1, 1997; Acts 1999, No. 34, §1; Acts 2012, No. 225, §1, eff. June 30, 2012; Acts 2012, No. 227, §1; Acts 2013, No. 220, §3, eff. June 11, 2013; Acts 2014, No. 571, §§1 and 2, eff. Nov. 19, 2014; Acts 2019, No. 91, §1, eff. July 1, 2019. NOTE: Relative to Acts 2014, No. 571, the Public Retirement Systems' Actuarial Committee adopted valuations for TRSL and LASERS utilizing the Entry Age Normal valuation method on Nov. 19, 2014.
LA Rev Stat § 11:23 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§23. Funded percentage; state systems

RS 23 - Funded percentage; state systems  Except as otherwise provided in this Title, "funded percentage" for each state public retirement system shall mean the valuation assets used to determine the actuarially required contributions pursuant to R.S. 11:102 divided by the accrued liability of the system determined by utilizing the funding method established in R.S. 11:22.  Acts 2016, No. 95, §1, eff. June 30, 2016.
LA Rev Stat § 11:41 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§41. Purpose of Subpart

RS 41 - Purpose of Subpart   The purpose of this Subpart is to initiate compliance with the requirements of Article X, Section 29(E)(2)(c) and (3) of the Constitution of Louisiana that the legislature provide with respect to the amortization of the unfunded accrued liabilities of state and statewide public retirement systems. Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:61 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§61. Purpose of Subpart

RS 61 - Purpose of Subpart  The purpose of this Subpart is to comply with the requirements of Article X, Section 29(E)(2)(a) and (3) of the Constitution of Louisiana that the legislature determine and set all required contributions to be made by members of state and statewide public retirement systems.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:81 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§81. Purpose of Subpart

RS 81 - Purpose of Subpart  The purpose of this Subpart is to comply with the requirements of Article X, Section 29(E)(3) of the Constitution of Louisiana that the legislature shall determine dedicated taxes for statewide public retirement systems not covered by the provisions of Article X, Section 29(A) or (B) of the Constitution of Louisiana.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:101 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§101. Purpose of Subpart

RS 101 - Purpose of Subpart  The purpose of this Subpart is to provide mechanisms to implement compliance with the requirements of Article X, Section 29(E)(2)(b) and (c) and (3) of the Constitution of Louisiana that the legislature provide with respect to employer funding of state and statewide public retirement systems.  Acts 1988, No. 81, §2, eff. July 1, 1989.
LA Rev Stat § 11:102.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§102.5. State systems' 2014 valuation amortization period

RS 102.5 - State systems' 2014 valuation amortization period  Notwithstanding any provision of R.S. 11:102 or any other law to the contrary, for the June 30, 2014 valuation the amortization period for investment gains of the Louisiana State Employees' Retirement System, the Teachers' Retirement System of Louisiana, the Louisiana School Employees' Retirement System, and the State Police Retirement System not allocated to an amortization base pursuant to R.S. 11:102.1, 102.2, 102.3, or 102.4 and not credited to the experience account shall be five years.  Acts 2016, No. 95, §1, eff. June 30, 2016.
LA Rev Stat § 11:102.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§102.6. Review of volatility

 §102.6. Review of volatility  Following the close of Fiscal Year 2016-2017, the future volatility of the then-existing schedules of each state system shall be reexamined by staff of each system and of the legislature, including actuaries for both. The results of this reexamination, which may identify issues to be resolved and include recommendations for plan amendments, shall be reported to the Public Retirement Systems' Actuarial Committee by November 1, 2017. The committee shall review the results and determine what changes to the system plan provisions, if any, are advisable. If appropriate, the committee shall make a recommendation to the legislature by December 15, 2017, on whether and what type of legislation is warranted.  Acts 2016, No. 95, §1, eff. June 30, 2016.
LA Rev Stat § 11:104 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§104. Employer contributions; determination date; notification

RS 104 - Employer contributions; determination date; notification A. The employer contribution rate as referred to in this Subpart shall be determined by the Public Retirement Systems' Actuarial Committee as soon as practicable after the first day of January but no later than the last Monday in February of each year for those systems that have a fiscal year ending on the thirtieth day of June. B. Within ten business days after the determination of a rate pursuant to this Section, the chairman of the Public Retirement Systems' Actuarial Committee shall notify each employer or retirement system that the referenced rate shall be recommended to the legislature for approval, or that the given rate shall be used by the employer or retirement system, whichever is appropriate under the provisions contained in R.S. 11:102 and 103. Acts 1991, No. 1038, §1; Acts 1992, No. 958, §1; Acts 2010, No. 874, §1, eff. July 1, 2010.
LA Rev Stat § 11:106 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§106. Additional employer contributions; increasing rates

RS 106 - Additional employer contributions; increasing rates A. The provisions of this Section shall apply to the following statewide public retirement systems or funds: (1) The Assessors' Retirement Fund. (2) The Clerks' of Court Retirement and Relief Fund. (3) The Municipal Employees' Retirement System of Louisiana. (4) The Registrars of Voters Employees' Retirement System. B. Notwithstanding the provisions of R.S. 11:103, 104, and 105, the board of trustees of any retirement system or fund to which this Section applies is authorized to require a net direct contribution rate of up to three percent more than the rate determined under R.S. 11:103. C. If the board of trustees of any retirement system or fund referenced in Subsection A of this Section elects, pursuant to Subsection B of this Section, to increase the net direct employer contribution rate determined under R.S. 11:103, any excess funds resulting from increasing the contribution rate shall be combined with any contribution surplus, or offset by any contribution shortfall, and the resulting balance, if greater than zero, shall be applied, until exhausted, exclusively for and in the order of the following purposes: (1) To reduce the frozen unfunded accrued liability, if any; however, the future payments on the frozen unfunded accrued liability shall continue to be made according to the original amortization schedule established to initiate compliance with the requirements of Article X, Section 29(E)(3) of the Constitution of Louisiana until the outstanding balance is fully liquidated. (2) To reduce the outstanding amortization charge base or bases with the greatest number of outstanding payments; however, the future payments on the base or bases shall continue to be made according to the original amortization schedule until the outstanding balance is fully liquidated. (3) To establish a contribution surplus amortization base or add to the otherwise established contribution surplus base for the fiscal year, if an immediate gain funding method is used, or to reduce the present value of future employer normal costs, if a spread gain funding method is used. Acts 2001, No. 703, §2, eff. July 1, 2001; Acts 2004, No. 263, §1; Acts 2008, No. 445, §1, eff. June 30, 2008; Acts 2009, No. 296, §1, eff. June 30, 2009; Acts 2010, No. 861, §4. NOTE: See Acts 2004, No. 263, §2, declaring that Act is remedial, curative, and procedural and providing for retroactive application to July 1, 2001.
LA Rev Stat § 11:107 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§107. Additional employer contributions; reducing rate decreases

RS 107 - Additional employer contributions; reducing rate decreases  A. The provisions of this Section shall apply to the following statewide public retirement systems or funds:  (1) The Assessors' Retirement Fund.  (2) The Clerks' of Court Retirement and Relief Fund.  (3) The Municipal Employees' Retirement System of Louisiana.  (4) The Parochial Employees' Retirement System of Louisiana.  (5) The Registrars of Voters Employees' Retirement System.  (6) The Firefighters' Retirement System.  B. Notwithstanding the Provisions of R.S. 11:103, 104, 105(B), in any fiscal year during which the net direct employer contribution rates would otherwise be decreased for any retirement system or fund to which this Section applies, the board of trustees of that system or fund is hereby authorized to set the employer contribution rate at any point between the previous year's employer contribution rate and the decreased rate that would otherwise occur pursuant to R.S. 11:103 and 104. Any excess funds resulting from the additional contributions shall be applied as provided in R.S. 11:105(C).  Acts 2004, No. 631, §1, eff. July 5, 2004; Acts 2008, No. 445, §1, eff. June 30, 2008; Acts 2009, No. 296, §1, eff. June 30, 2009; Acts 2016, No. 208, §1, eff. July 1, 2016.
LA Rev Stat § 11:107.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§107.2. Employer contributions; maintaining rates; reducing rate decreases; Municipal Police Employees' Retirement System

RS 107.2 - Employer contributions; maintaining rates; reducing rate decreases; Municipal Police Employees' Retirement System  A. The provisions of this Section apply to the Municipal Police Employees' Retirement System, hereinafter referred to in this Section as "system".  B. Notwithstanding the provisions of R.S. 11:103 and 104, in any fiscal year during which the recommended net direct employer contribution rate would otherwise be decreased for the system, the board of trustees is hereby authorized to either:  (1) Maintain the previous fiscal year's net direct employer contribution rate at the time that the decrease would otherwise occur according to R.S. 11:103.  (2) Set the employer contribution rate at any point between the previous year's net direct employer contribution rate and the recommended net direct employer contribution rate that would otherwise occur pursuant to R.S. 11:103.  C. Any excess funds resulting from the board's exercise of its authority pursuant to Subsection B of this Section shall be combined with any contribution surplus, or offset by any contribution shortfall, and the resulting balance, if greater than zero, shall be applied, until exhausted, exclusively for and in the order of the following purposes:  (1) To reduce the outstanding balance of any unfunded accrued liability existing as of the end of Fiscal Year 1988-1989, if any; however, the future payments for such unfunded accrued liability shall continue to be made according to the original amortization schedule established in compliance with the requirements of Article X, Section 29(E)(3) of the Constitution of Louisiana until the outstanding balance is fully liquidated.  (2) To reduce the outstanding amortization charge base or bases with the greatest number of outstanding payments; however, the future payments on the base or bases shall continue to be made according to the original amortization schedule until the outstanding balance is fully liquidated.  D. The board's exercise of its authority pursuant to Subsection B of this Section shall not cause the employer contribution rate to exceed fifteen percent in any fiscal year.  Acts 2011, No. 238, §1, eff. June 30, 2011; Acts 2016, No. 208, §1, eff. July 1, 2016.
LA Rev Stat § 11:108 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§108. Repealed by Acts 2013, No. 184, §5.

RS 108 - Repealed by Acts 2013, No. 184, §5.
LA Rev Stat § 11:121 (2021)
2021 Louisiana Laws|Revised Statutes|Title 11 - Consolidated Public Retirement|§121. Creation; purpose

RS 121 - Creation; purpose  A. The Public Retirement Systems' Actuarial Committee is hereby created and established as the public retirement and pension system advisor of the Legislature of Louisiana.  B. The legislature recognizes that the fiscal integrity of the state and statewide public retirement and pension systems, plans, and funds is a priority and is necessitated by the current financial condition of the systems, plans, and funds. This actuarial committee is created with the intent that a plan can be developed to insure orderly and consistent strategies for continuing development and growth that will attain and maintain the soundness of the systems, plans, and funds. The purpose of this Chapter is to provide an entity to advise and coordinate this ongoing process and to report to the House and Senate committees on retirement and the Joint Legislative Committee on the Budget all findings and recommendations.  Acts 1988, No. 81, §2, eff. July 1, 1988; Acts 2010, No. 874, §1, eff. July 1, 2010; Acts 2018, No. 399, §1, eff. June 30, 2018.