Louisiana Statutes
§ 22:207 — Indebtedness
Louisiana·Title 22 Insurance
All associations are prohibited from creating any indebtedness except for expenses and benefits to policyholders and all debts for expenses and benefits to policyholders must be paid within sixty days after they arise.
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Legislative History
Acts 1958, No. 125; Redesignated from R.S. 22:347 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
Nearby Sections
15
§ 22:2
§ 22:2§ 22:200
Directors§ 22:2001
§ 22:2001§ 22:2002
Persons covered§ 22:2003
Definitions§ 22:2004
Venue§ 22:2005.1
Compliance with certain federal provisions§ 22:2006
Injunction