Louisiana Statutes
§ 22:71 — Conversion requirements
Louisiana·Title 22 Insurance
No domestic life insurer may convert to a type of insurer having greater insuring power without meeting the full capital, surplus, and deposit requirements of the type insurer to which it desires to convert.
NOTE: Former R.S. 22:71 redesignated as R.S. 22:81 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
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Related
Louisiana Ins. Guaranty Ass'n v. Bernard
393 So. 2d 764 (Louisiana Court of Appeal, 1980)
State v. Armstrong
364 So. 2d 558 (Supreme Court of Louisiana, 1978)
Legislative History
Acts 1958, No. 125. Amended by Acts 1960, No. 167, §1; Acts 1975, No. 575, §1; Acts 1997, No. 1449, §2; Redesignated from R.S. 22:801 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
Nearby Sections
15
§ 22:1
§ 22:1§ 22:1002
Repealed by Acts 2018, No. 676, §2§ 22:1003.1
Children; portability; enrollment; exception§ 22:1004
Insurance pending adoption