Louisiana Statutes
§ 23:1407 — Sales of policies; agents not liable
Louisiana·Title 23 Labor and Workers' Compensation
A.Any insurance agent licensed to sell workers' compensation insurance in this state shall be authorized to sell insurance policies for the corporation in compliance with the bylaws adopted by the corporation and R.S. 22:1113(A)(3) 1 . The board of directors shall establish a schedule of commissions to pay for the services of the agent.
B.No action shall lie against any person authorized to sell insurance by this Section for any claim arising out of the corporation's insolvency or inability to pay claims.
1 Repealed.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 23:1407 (Sales of policies; agents not liable) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1991, No. 814, §1, eff. Nov. 20, 1991; Acts 1997, No. 301, §2; Acts 2008, No. 415, §2, eff. Jan. 1, 2009.
Nearby Sections
15
§ 23:1403
Policy programs§ 23:1404.1
State reporting§ 23:1405
Corporation investments§ 23:1406
Conflict of interest§ 23:1407
Sales of policies; agents not liable§ 23:1410
Fraud division§ 23:1411
Rates§ 23:1412
Workplace safety program