Louisiana Statutes
§ 22:550.15 — Payment of dividends
Louisiana § 22:550.15
JurisdictionLouisiana
Title 22Insurance
This text of Louisiana § 22:550.15 (Payment of dividends) 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. § 22:550.15 (2026).
Text
§550.15. Payment of dividends
A captive insurance company shall not pay dividends out of, or make any other
distribution with respect to its capital or surplus, or both, unless the captive insurance
company has obtained the prior approval of the commissioner to make such a payment or
distribution.
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Legislative History
Acts 2008, No. 403, §1, eff. Jan. 1, 2009; Redesignated by Acts 2009, No. 503, §3;
Acts 2025, No. 313, §2.
Nearby Sections
15
§ 22:550.1
Purpose and short title§ 22:550.10
Capital and surplus requirements§ 22:550.13
Authorized and prohibited types of insurance§ 22:550.15
Payment of dividends§ 22:550.2
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 22:550.15, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/22%3A550.15.