§ 22:550.22 — Examination by commissioner

Louisiana § 22:550.22

• Jurisdiction: Louisiana
• Title 22: Insurance

Text

§550.22. Examination by commissioner
A. If the commissioner determines it to be prudent, but not less frequently than once
every five years, the commissioner shall cause an examination of each captive insurance
company under the provisions of Chapter 8 of this Title, R.S. 22:1981 et seq. The company
or companies examined pursuant to R.S. 22:1981 et seq. shall pay the expenses and charges
of the examination to the commissioner. The Louisiana Public Records Law, R.S. 44:1 et
seq., and confidentiality provisions in this Title apply to all documents, materials,
information, privileged documents, examination reports, preliminary examination reports or
results, working papers, recorded information and copies thereof, or other information that
is produced by, obtained by, or disclosed to the commissioner or any other person in the
course of an examination made pursuant to this Subpart.
B. In furtherance of the commissioner's duties, the commissioner may share and
receive documents, materials, or other information pursuant to R.S. 22:2 and 1981 et seq.

Legislative History

Acts 2008, No. 403, §1, eff. Jan. 1, 2009; Redesignated by Acts 2009, No. 503, §3; Acts 2025, No. 313, §2.