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Louisiana Asset Management Pool
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The Louisiana Asset Management Pool (LAMP) is a cooperative endeavor established in 1993 by the Louisiana State Treasurer to provide local public officials with a safe, liquid, and competitive investment vehicle for public funds. It operates as a 2a-7 like short-term investment fund, allowing Louisiana government entities such as municipalities, parishes, school districts, and other public bodies to pool their resources to achieve greater investment power and efficiency. The fund's primary objectives are the preservation of capital, the maintenance of liquidity, and the maximization of return on investment.
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