Louisiana Statutes
§ 22:1205 — Plan of operation
Louisiana·Title 22 Insurance
§1205. Plan of operation
A.The board shall submit to the commissioner a plan of operation for the plan and
any amendments thereto necessary or suitable to assure the fair, reasonable, and equitable
administration of the plan. The commissioner shall approve the plan of operation provided
such is determined to be suitable to assure the fair, reasonable, and equitable administration
of the plan.
B.The plan of operation shall become effective upon approval in writing by the
commissioner. If the board fails to submit a suitable plan of operation within ninety days
after its appointment or at any time thereafter fails to submit suitable amendments to the
plan, the commissioner shall adopt and promulgate such reasonable rules and regulations,
in accordance with the Administrative Procedure Act,
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Legislative History
Acts 1990, No. 131, §1, eff. Sept. 1, 1990; Acts 1999, No. 163, §1; Redesignated
from R.S. 22:235 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2010, No. 123, §1, eff.
June 8, 2010; Acts 2013, No. 325, §1, eff. June 17, 2013; Acts 2020, No. 313, §§1, 2, eff.
June 12, 2020.
Nearby Sections
15
§ 22:1201
§ 22:1201§ 22:1202
Definitions§ 22:1203
Creation of the plan§ 22:1204
Board of directors§ 22:1205
Plan of operation§ 22:1206
Powers and duties of the plan§ 22:1207
Eligibility§ 22:1208
Administration§ 22:1209
Service charges§ 22:121
Duties of officers