§ 12:1859 — Licensing of agents; claims against insurance agents

Louisiana § 12:1859

• Jurisdiction: Louisiana
• Title 12: Conservation of Cultural Resources

Text

§1859. Licensing of agents; claims against insurance agents
A. Any person soliciting membership for the fund shall be licensed by the
department as a property and casualty insurance producer pursuant to R.S. 22:1541 et seq.
No employee of the fund, religious denomination, or association of nonprofit religious
organizations shall be required to be licensed as an agent if the solicitation of membership
for the fund is not the primary duty of the employee.
B. No action shall lie against an insurance producer or other person involved in the
marketing, selling, or solicitation of participation in the fund for claims arising out of the
insolvency of the fund or the inability of the fund to pay claims as they become due unless
the claimant first exhausts all remedies available to him against the members of the fund as
provided by this Chapter.

Legislative History

Acts 2023, No. 259, §§1, 3A, eff. June 12, 2023.