---
urn: urn:us-la:rs:22:2082
citation: "R.S. 22:2082"
status: active
breadcrumb: "Title 22 › Chapter 10 › Part II"
acts_citations:
  - { year: 1991, number: 998, section: 1, effective_date: 1991-09-30, role: enactment }
  - { year: 2018, number: 97, section: 1, effective_date: null, role: amendment }
---

# Purpose

A. The purpose of this Part is to protect, subject to certain limitations, the persons listed in R.S. 22:2083(A) against failure in the performance of contractual obligations, under life, health, and annuity policies, plans, or contracts specified in R.S. 22:2083(B), because of the impairment or insolvency of the member insurer that issued the policies, plans, or contracts.

B. To provide this protection, an association of member insurers is hereby created to pay benefits and to continue coverages as limited herein. Members of the association are subject to assessment to provide funds to carry out the purpose of this Part.