Usufruct
R.S. 22:1626

Examination authority; account reports; financial examinations; required notices to department ACTIVE

A. The acts of the MGA are considered to be the acts of the insurer on whose behalf it is acting. An MGA may be examined as if it were the insurer.

B. As the commissioner considers necessary, an MGA shall submit to an examination by the commissioner of the MGA's financial condition.

C. The MGA shall pay the examination expenses in an amount that the commissioner certifies as just and reasonable.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1990, No. 265, §1, eff. midnight Dec. 31, 1991
  • amendment Acts 2024, No. 488, §1

Section navigation

Cite R.S. 22:1626

Bluebook
La. Rev. Stat. Ann. § 22:1626 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-1626
BibTeX
@misc{larevstat-22-1626,
  title        = {La. Rev. Stat. Ann. § 22:1626},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-1626},
  note         = {Snapshot 2026-05-22}
}