Louisiana § 33:1346 Minimum contributions before risk sharing

Louisiana Statutes

§ 33:1346 — Minimum contributions before risk sharing

Louisiana § 33:1346

Title 33Municipalities and Parishes

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Bluebook

La. Stat. Ann. § 33:1346 (2026).

Text

§1346. Minimum contributions before risk sharing A group self-insurance fund shall not function as a means of sharing among its members an interlocal risk management agency risk of loss until the interlocal risk management agency administering such fund shall have received:

(1)For public liability and workers' compensation: Each fund shall have an annual gross premium, calculated in accordance with the applicable manual premium rate or rates, plus or minus applicable experience credits or debits, of not less than two hundred thousand dollars.

(2)For accident and health protection: Each fund shall have an annual gross premium of not less than two hundred thousand dollars.

(3)For coverage for those risks defined in R.S. 22:47(3), (6), (7), and (10): Each fund shall have an annual gross pr

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§1346. Minimum contributions before risk sharing
A group self-insurance fund shall not function as a means of sharing among its
members an interlocal risk management agency risk of loss until the interlocal risk
management agency administering such fund shall have received:
(1) For public liability and workers' compensation:
Each fund shall have an annual gross premium, calculated in accordance with the
applicable manual premium rate or rates, plus or minus applicable experience credits or
debits, of not less than two hundred thousand dollars.
(2) For accident and health protection:
Each fund shall have an annual gross premium of not less than two hundred thousand
dollars.
(3) For coverage for those risks defined in R.S. 22:47(3), (6), (7), and (10):
Each fund shall have an annual gross premium of not less than two hundred thousand
dollars.

Legislative History

Added by Acts 1979, No. 462, §1. Amended by Acts 1982, No. 454, §1; Acts 1983, 1st Ex.Sess., No. 1, §6; Acts 1991, No. 507, §1; Acts 2008, No. 415, §2, eff. Jan. 1, 2009.