Notwithstanding any other provision of this Part or any rule adopted by the commissioner, a limited licensee pursuant to this Part shall not be required to treat monies collected from renters purchasing such insurance when renting vehicles as funds received in a fiduciary capacity if the charges for coverage shall be itemized and be ancillary to a rental transaction. The sale of insurance not in conjunction with a rental transaction is prohibited by the provisions of this Part.
R.S. 22:1767 active rs title
Insurance charges ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1999, No. 1278, §1, eff. July 12, 1999