Louisiana Statutes

§ 22:573 — Limits of risks assumed

Louisiana § 22:573
JurisdictionLouisiana
Title 22Insurance

This text of Louisiana § 22:573 (Limits of risks assumed) 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. § 22:573 (2026).

Text

No property and casualty insurer doing business in this state shall expose itself to loss on any one risk in an amount which exceeds ten percent of the insurer's capital and surplus. A risk, or any portion thereof, which has been reinsured shall be deducted in determining the limitation of risk prescribed in this Section.

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Legislative History

Acts 1991, No. 960, §1; Acts 1992, No. 811, §1; Redesignated from R.S. 22:1470 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

Nearby Sections

15
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Bluebook (online)
Louisiana § 22:573, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/22%3A573.