Louisiana Statutes
§ 22:655 — Unearned premium reserve; reduction below required amount prohibited
Louisiana § 22:655
JurisdictionLouisiana
Title 22Insurance
This text of Louisiana § 22:655 (Unearned premium reserve; reduction below required amount prohibited) 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. § 22:655 (2026).
Text
Nothing contained in R.S. 22:651 through 655 shall be deemed to permit the ceding insurer to receive through the cession of the whole or any part of any risk or risks any advantage whereby its unearned premium reserve, or the net amount of its valuation reserves, as the case may be, is reduced below the required amount thereof by the provisions of this Subpart.
NOTE: Former R.S. 22:655 redesignated as R.S. 22:1269 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
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Legislative History
Acts 1991, No. 996, §1, eff. Jan. 1, 1992; Acts 1995, No. 1182, §2; Redesignated from R.S. 22:941.4 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
Nearby Sections
15
§ 22:601.1
Definitions§ 22:601.10
Real estate§ 22:601.13
Insurer investment pools§ 22:601.14
Derivative transactions§ 22:601.15
Collateral loans§ 22:601.16
Other admitted assets§ 22:601.17
Additional investment authority§ 22:601.18
Prohibited investments§ 22:601.19
Pledging of assets restricted§ 22:601.2
General investment qualificationsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 22:655, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/22%3A655.