Louisiana Statutes
§ 22:117 — Dividends
Louisiana § 22:117
JurisdictionLouisiana
Title 22Insurance
This text of Louisiana § 22:117 (Dividends) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 22:117 (2026).
Text
No domestic mutual insurer shall pay any dividends to its policyholders unless it has a surplus beyond the initial minimum surplus required and all other liabilities, except a liability created under R.S. 22:116(2), equal to fifteen percent of such initial minimum surplus.
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Legislative History
Acts 1958, No. 125; Redesignated from R.S. 22:125 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
Nearby Sections
15
§ 22:1
§ 22:1§ 22:1002
Repealed by Acts 2018, No. 676, §2§ 22:1003.1
Children; portability; enrollment; exception§ 22:1004
Insurance pending adoptionCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 22:117, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/22%3A117.