Louisiana § 23:1400 Policy applications; risk classification

Louisiana Statutes

§ 23:1400 — Policy applications; risk classification

Louisiana § 23:1400

Title 23Labor and Workers' Compensation

This text of Louisiana § 23:1400 (Policy applications; risk classification) 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. § 23:1400 (2026).

Text

§1400. Policy applications; risk classification

A.After the start up of the corporation and upon termination of the applicant's current policy, an applicant shall apply for coverage by the corporation in good faith, through an agent licensed by the state of Louisiana to procure workers' compensation insurance. An applicant shall not be eligible to secure workers' compensation coverage from the corporation by canceling its current coverage during the first year of the corporation's operation.

B.Pursuant to this Part and the rules and regulations in conformity herewith, applicants shall be classified as a preferred risk or an accepted risk.

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§1400. Policy applications; risk classification
A. After the start up of the corporation and upon termination of the applicant's
current policy, an applicant shall apply for coverage by the corporation in good faith, through
an agent licensed by the state of Louisiana to procure workers' compensation insurance. An
applicant shall not be eligible to secure workers' compensation coverage from the corporation
by canceling its current coverage during the first year of the corporation's operation.
B. Pursuant to this Part and the rules and regulations in conformity herewith,
applicants shall be classified as a preferred risk or an accepted risk.