Louisiana § 22:167 Declaration of organization

Louisiana Statutes

§ 22:167 — Declaration of organization

Louisiana § 22:167

Title 22Insurance

This text of Louisiana § 22:167 (Declaration of organization) 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. § 22:167 (2026).

Text

The attorney-in-fact of subscribers who desire to form a reciprocal insurer under this Subpart shall sign and acknowledge, before an officer authorized to take acknowledgments, a declaration of organization setting forth:

(1)The name of the reciprocal insurer and the attorney-in-fact.

(2)The location of the insurer's principal office, which shall be the same as that of the attorney-in-fact, and shall be maintained within this state.

(3)The kinds of insurance proposed to be transacted.

(4)The names and addresses of the officers and directors of the attorney-in-fact, if a corporation, or of its members, if a firm.

(5)The minimum and maximum liability of the subscriber for the payment of losses occurring under its policies.

(6)Any other lawful provisions deemed advisable. NOTE: Former R

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The attorney-in-fact of subscribers who desire to form a reciprocal insurer under this Subpart shall sign and acknowledge, before an officer authorized to take acknowledgments, a declaration of organization setting forth:
(1) The name of the reciprocal insurer and the attorney-in-fact.
(2) The location of the insurer's principal office, which shall be the same as that of the attorney-in-fact, and shall be maintained within this state.
(3) The kinds of insurance proposed to be transacted.
(4) The names and addresses of the officers and directors of the attorney-in-fact, if a corporation, or of its members, if a firm.
(5) The minimum and maximum liability of the subscriber for the payment of losses occurring under its policies.
(6) Any other lawful provisions deemed advisable.
NOTE: Former R.S. 22:167 redesignated as R.S. 22:935 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.