Louisiana § 22:524 Title insurance producer; restrictions

Louisiana Statutes

§ 22:524 — Title insurance producer; restrictions

Louisiana § 22:524

Title 22Insurance

This text of Louisiana § 22:524 (Title insurance producer; restrictions) 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. § 22:524 (2026).

Text

§524. Title insurance producer; restrictions The title insurance producer shall not:

(1)Bind reinsurance on behalf of the title insurer.

(2)Permit any of its directors, officers, controlling shareholders, or employees to serve on the title insurer's board of directors if the title insurance producer wrote one percent or more of the direct premiums of the title insurer written in the previous calendar year as shown on the title insurer's most recent annual statement filed with the department. This Paragraph shall not apply to relationships governed by R.S. 22:691.1 et seq.

(3)Jointly employ an individual who is employed with the title insurer unless the title insurer and the title insurance producer are affiliated or otherwise under common control as defined by R.S. 22:691.2.

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

§524. Title insurance producer; restrictions
The title insurance producer shall not:
(1) Bind reinsurance on behalf of the title insurer.
(2) Permit any of its directors, officers, controlling shareholders, or employees to
serve on the title insurer's board of directors if the title insurance producer wrote one percent
or more of the direct premiums of the title insurer written in the previous calendar year as
shown on the title insurer's most recent annual statement filed with the department. This
Paragraph shall not apply to relationships governed by R.S. 22:691.1 et seq.
(3) Jointly employ an individual who is employed with the title insurer unless the
title insurer and the title insurance producer are affiliated or otherwise under common control
as defined by R.S. 22:691.2.

Legislative History

Acts 1999, No. 192, §1, eff. June 9, 1999; Redesignated from R.S. 22:2092.8.4 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1; Acts 2016, No. 6, §1; Acts 2022, No. 161, §1.