RS 22:1346.4
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/la/title-22/22-2642A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 22:1346.4
§1346.4. Minimum policy value
An insurer shall not issue a stated value policy for a sum less than the verified outstanding balance of any mortgage on the homeowner's property, ensuring that the insurance coverage adequately reflects the financial obligations associated with the property.
Acts 2025, No. 480, §1, eff. June 30, 2025.