Question about bounties

[Hielor]

I have a related question. As an LPI IDed fighter, what interaction do I have with bountied parties?

According to http://discoverygc.com/forums/index.php?showtopic=63882 :
"collecting bounties from enemies of Liberty on LPI, LN, LSF or other Liberty corporations marks you as unable to collect"

Does that mean that I can attack/kill the person in accordance with the bounty, but just can't collect the reward (it is, after all, my job as a police officer, so getting paid per occurrence doesn't make sense)? Or can I not act on the bounties at all? Or does it not matter that there's a bounty on (for example) Rogues, since I'm allowed to hunt Rogues anyway as an LPI?