Usufruct
R.S. 22:2063

Prevention of insolvencies ACTIVE

To aid in the detection and prevention of insurer insolvencies:

(1) The board of directors may, upon majority vote, make recommendations to the commissioner on matters generally related to improving or enhancing regulation for solvency.

(2) At the conclusion of any domestic insurer insolvency in which the association was obligated to pay covered claims, the board of directors may, upon a majority vote, prepare a report on the history and causes of such insolvency, based on the information available to the association, and submit such report to the commissioner.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1970, No. 81, §1
  • amendment Acts 2010, No. 959, §1, eff. July 6, 2010

Section navigation

Cite R.S. 22:2063

Bluebook
La. Rev. Stat. Ann. § 22:2063 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-2063
BibTeX
@misc{larevstat-22-2063,
  title        = {La. Rev. Stat. Ann. § 22:2063},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-2063},
  note         = {Snapshot 2026-05-22}
}