Louisiana Statutes

§ 22:1602 — Insurance in connection with a loan

Louisiana § 22:1602
JurisdictionLouisiana
Title 22Insurance

This text of Louisiana § 22:1602 (Insurance in connection with a loan) 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. § 22:1602 (2026).

Text

A.If insurance is required as a condition of obtaining a loan, the credit and insurance transactions shall be completed independently and through separate documents.
B.A loan for premiums on required insurance shall not be included in the primary credit without the written consent of the customer.
C.This Section shall not apply to a premium finance loan that is not made in connection with another loan or extension of credit.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Acts 1997, No. 1475, §2, eff. July 15, 1997; Redesignated from R.S. 22:3061 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Louisiana § 22:1602, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/22%3A1602.