Louisiana § 22:619 Supplemental provisions; rules; exemption

Louisiana Statutes

§ 22:619 — Supplemental provisions; rules; exemption

Louisiana § 22:619

Title 22Insurance

This text of Louisiana § 22:619 (Supplemental provisions; rules; exemption) 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. § 22:619 (2026).

Text

A. The provisions of this Subpart are supplemental to any other provision of the laws of this state and shall not preclude or limit any other powers or duties of the department under this Code. B. The department may adopt reasonable rules and regulations necessary for the implementation of this Subpart. C. The department may exempt from the application of this Subpart any domestic property and casualty insurer which:

(1)Writes direct business only in this state.

(2)Writes direct annual premiums of two million dollars or less, and

(3)Assumes no reinsurance in excess of five percent of direct premium written. NOTE: Former R.S. 22:619 redesignated as R.S. 22:860 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

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A. The provisions of this Subpart are supplemental to any other provision of the laws of this state and shall not preclude or limit any other powers or duties of the department under this Code.
B. The department may adopt reasonable rules and regulations necessary for the implementation of this Subpart.
C. The department may exempt from the application of this Subpart any domestic property and casualty insurer which:
(1) Writes direct business only in this state.
(2) Writes direct annual premiums of two million dollars or less, and
(3) Assumes no reinsurance in excess of five percent of direct premium written.
NOTE: Former R.S. 22:619 redesignated as R.S. 22:860 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.