---
urn: urn:us-la:rs:22:1555
citation: "R.S. 22:1555"
status: active
breadcrumb: "Title 22 › Chapter 5 › Part I › Subpart A"
acts_citations:
  - { year: 1958, number: 125, section: None, effective_date: null, role: enactment }
  - { year: 2011, number: 94, section: 1, effective_date: 2012-01-01, role: amendment }
---

# Liability of producers on binder

The commissioner of insurance may suspend or revoke the license of any producer issuing or purporting to issue any binder on behalf of any insurer for which he is not then authorized to bind.