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Code · Louisiana · Title 22 — Insurance

RS 22:1931.7

148 words·~1 min read·/la/title-22/22-2316

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RS 22:1931.7
NOTE: Pursuant to R.S. 22:1931.13, this Section terminates on July 1, 2024.
§1931.7. Waiver; extenuating circumstances
If a waiver is requested by the attorney general, the court may waive any recovery, except for actual damages, required to be imposed pursuant to the provisions of this Part provided all of the following extenuating circumstances are found to be applicable:
(1)The violator furnished all the information known to him about the specific allegation to the department or attorney general no later than thirty days after the violator first obtained the information.
(2)The violator cooperated fully with all federal or state investigations concerning the specific allegation.
(3)At the time the violator furnished the information concerning the specific allegation to the department or the attorney general, no criminal, civil, or departmental investigation or proceeding had been commenced as to the alleged violation.
Acts 2012, No. 862, §1.
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