{
  "urn": "urn:us-la:rs:22:144",
  "title_number": "22",
  "section_number": "144",
  "citation": "R.S. 22:144",
  "heading": "Capital requirements",
  "text": "All domestic insurers organized after 12:00 noon on July 27, 1960, qualifying to write industrial life 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 thirty thousand dollars, and a minimum surplus of thirty thousand dollars, if a stock insurer, or a minimum surplus of sixty thousand dollars, if a mutual insurer, before beginning business.",
  "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": "E",
      "name": "INDUSTRIAL INSURERS"
    }
  ],
  "breadcrumb": "Title 22 › Chapter 2 › Part I › Subpart E",
  "acts_citations": [
    {
      "act_year": 1958,
      "act_number": 125,
      "section": null,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 1960,
      "act_number": 150,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1958, No. 125. Amended by Acts 1960, No. 150, §1; Redesignated from R.S. 22:254 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=506326",
  "website_law_id": 506326,
  "scrape_timestamp": "2026-05-22T22:11:37Z",
  "source_html_hash": "sha256:26899c5d2d073de312b9a96e5d4ae85644e8598d8c6deb435eb7a8a125ebf78a",
  "schema_version": "1.0.0"
}