{
  "urn": "urn:us-la:rs:22:117",
  "title_number": "22",
  "section_number": "117",
  "citation": "R.S. 22:117",
  "heading": "Dividends",
  "text": "No domestic mutual insurer shall pay any dividends to its policyholders unless it has a surplus beyond the initial minimum surplus required and all other liabilities, except a liability created under R.S. 22:116(2), equal to fifteen percent of such initial minimum surplus.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "22",
      "name": "INSURANCE CODE"
    },
    {
      "level": "chapter",
      "number": "2",
      "name": "REQUIREMENTS FOR INSURERS AND OTHER RISK BEARING ENTITIES"
    },
    {
      "level": "part",
      "number": "I",
      "name": "KINDS OF INSURERS"
    },
    {
      "level": "subpart",
      "number": "C",
      "name": "DOMESTIC MUTUAL INSURERS"
    }
  ],
  "breadcrumb": "Title 22 › Chapter 2 › Part I › Subpart C",
  "acts_citations": [
    {
      "act_year": 1958,
      "act_number": 125,
      "section": null,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 2009,
      "act_number": 503,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1958, No. 125; Redesignated from R.S. 22:125 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=506302",
  "website_law_id": 506302,
  "scrape_timestamp": "2026-05-22T22:11:37Z",
  "source_html_hash": "sha256:b692fe5b3be0ec385c249ad80982d3ce582d4e60fbbe2e1654ffd01dc885a731",
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}