Louisiana Statutes
§ 33:5085 — Minimum contributions before risk sharing
Louisiana·Title 33 Municipalities and Parishes
§5085. Minimum contributions before risk sharing
A self-insurance fund shall not function as a means of sharing risks of loss among the
members of a risk management organization until the risk management organization
administering the fund has received, for general liability, property coverage, and any other
pooled line of coverage risks, 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 for each line of risk.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 33:5085 (Minimum contributions before risk sharing) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2022, No. 686, §1, eff. June 18, 2022.
Nearby Sections
15
§ 33:5001
§ 33:5001§ 33:5002
Findings and purpose§ 33:5003
Inclusionary zoning§ 33:501
§ 33:501§ 33:5051
§ 33:5051§ 33:5052
Enforcement of requirements§ 33:5053
Penalty for violation