---
urn: urn:us-la:rs:22:2368
citation: "R.S. 22:2368"
status: active
breadcrumb: "Title 22 › Chapter 16 › Part I"
acts_citations:
  - { year: 2007, number: 447, section: 1, effective_date: 2007-07-11, role: enactment }
  - { year: 2022, number: 754, section: 1, effective_date: null, role: amendment }
---

# Matching capital fund grants

A. The insurer shall make a commitment of capital of not less than two million dollars to write property insurance in this state that complies with the requirements of R.S. 22:2369.

B. Matching capital fund grants authorized under this Chapter shall match the newly allocated insurer capital funds at a ratio of one dollar of state capital grant funds to one dollar of allocated insurer capital funds.