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Code · Louisiana · Title 22 — Insurance

RS 22:550.20

72 words·~1 min read·/la/title-22/22-2091

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RS 22:550.20
§550.20. Prohibition on ownership by an insurance company
A captive insurance company shall not do business in this state if an insurance company is directly or indirectly a member or owner of such captive insurance company, except when the members of the captive insurance company are all insurance companies.
Acts 2008, No. 403, §1, eff. Jan. 1, 2009; Redesignated by Acts 2009, No. 503, §3; Acts 2025, No. 313, §2.
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