Louisiana Statutes
§ 22:486 — Compulsory associations
Louisiana·Title 22 Insurance
No risk retention group shall be permitted to join or contribute financially to any insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall any risk retention group, its insureds, or any other claimant receive any benefit from any such fund for claims arising out of the operations of such risk retention group.
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Legislative History
Acts 1987, No. 462, §1, eff. Sept. 1, 1987; Redesignated from R.S. 22:2075 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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