Although a surplus lines insurer may apply for a grant, the insurer shall obtain a certificate of authority to do business in Louisiana before it may receive the grant funding. The commissioner may reallocate funds allocated to a surplus lines insurer if it does not apply on a timely basis, as specified in the regulations, or is not approved for a certificate of authority.
R.S. 22:2367 active rs title
Authorized insurers ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 2007, No. 447, §1, eff. July 11, 2007
- amendment Acts 2022, No. 754, §1