Louisiana Statutes
§ 22:412 — Assets
Louisiana·Title 22 Insurance
Every authorized trust fund shall have and maintain financial assets sufficient to satisfy all current and future financial obligations and responsibilities to beneficiaries. The commissioner shall adopt rules establishing minimum financial standards for authorized trust funds.
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Legislative History
Acts 1986, No. 574, §2; Redesignated from R.S. 22:2052 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
Nearby Sections
15
§ 22:401
§ 22:401§ 22:403
Eligibility§ 22:404
Limitation§ 22:407
Contributions to fund operations§ 22:408
Pooling prohibited§ 22:41
Policyholder bill of rights§ 22:41.2
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