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STATE OF LOUISIANA <br /> ��OF•L�Gcs f DEPARTMENT OF STATE CIVIL SERVICE <br /> LOUISIANA BOARD OF ETHICS <br /> 9 P.O.BOX 4368 <br /> BATON ROUGE,LA 70821 <br /> coN�peg°� (225)219-5600 <br /> .a• FAX:(225)381-7271 <br /> 1-800-842-6630 <br /> www.ethics.1a.gov <br /> April 7, 2025 <br /> Superintendent Keith Burton <br /> Caddo Parish School Board <br /> 1961 Midway Avenue <br /> Shreveport, LA 71108 <br /> Re: Docket No. 2025-047 <br /> Advisory Opinion <br /> Dear Mr. Burton: <br /> The Louisiana Board of Ethics, at its April 4, 2025 meeting, considered your request for an <br /> advisory opinion regarding whether your immediate family member's connection to a previously <br /> approved 403(b) employee-funded retirement plan provider presents an issue under the Code of <br /> Governmental Ethics. <br /> FACTS PROVIDED <br /> You currently serve as Superintendent of the Caddo Parish School Board ("School Board"). Your <br /> daughter-in-law, Sarah Burton, is employed by Corebridge Financial ("Corebridge") and is <br /> working to become a certified financial plainer. Her primary responsibilities at Corebridge focus <br /> on tax-sheltered annuities, specifically 403(b)plans that are 100 percent employee-funded, within <br /> her assigned region of Caddo Parish. Her client base includes eligible employees, such as School <br /> Board employees. Ms. Burton receives a salary for her role with Corebridge and performance- <br /> based bonuses determined by the number plan in which employees enroll, including School Board <br /> employees. She does not own any interest in Corebridge. The School Board currently works with <br /> 11 different providers of 403(b) plans, including Corebridge. Corebridge was approved as a <br /> provider before you became Superintendent. <br /> LAW <br /> La. R.S. 42:1113A(1)(a) states that no public servant, or a member of such a public servant's <br /> immediate family, or a legal entity in which he has a controlling interest shall bid on or enter into <br /> any contract, subcontract, or other transaction that is under the supervision or jurisdiction of the <br /> agency of such public servant. <br /> La. R.S. 42:1102(2)(a)(i) defines "agency" to mean a department, office, division, agency, <br /> commission,board, committee, or other organizational unit of a governmental entity. "Agency of <br /> the public servant"and"his agency"when used in reference to the agency of a public servant shall <br /> mean for public servants in the twenty principal departments of the executive branch of state <br /> Page 1 of 3 (BD 2025-047) <br /> AN EQUAL OPPORTUNITY EMPLOYER <br />