{
  "urn": "urn:us-la:rs:22:134",
  "title_number": "22",
  "section_number": "134",
  "citation": "R.S. 22:134",
  "heading": "Capital requirements",
  "text": "All domestic insurers qualifying to write service insurance only shall in lieu of the capital requirements of R.S. 22:81 or the minimum surplus requirements of R.S. 22:111 and 22:114, have a paid-in capital of ten thousand dollars and a minimum surplus of five thousand dollars, if a stock insurer, or a minimum surplus of fifteen thousand dollars, if a mutual insurer, before beginning business. All service insurers authorized as of 12:00 noon on July 27, 1960 may continue to operate without meeting the increased capital and surplus requirements.",
  "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": "D",
      "name": "DOMESTIC SERVICE INSURERS"
    }
  ],
  "breadcrumb": "Title 22 › Chapter 2 › Part I › Subpart D",
  "acts_citations": [
    {
      "act_year": 1958,
      "act_number": 125,
      "section": null,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 1960,
      "act_number": 174,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1958, No. 125. Amended by Acts 1960, No. 174, §1; Redesignated from R.S. 22:294 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=506321",
  "website_law_id": 506321,
  "scrape_timestamp": "2026-05-22T22:11:37Z",
  "source_html_hash": "sha256:840d8b88fdbd42854116e35fae1df7ddec42c94402a14f7712cbbd8a80941181",
  "schema_version": "1.0.0"
}