Every trust fund shall establish in its bylaws and plan of operation a schedule of benefits, to be approved by the commissioner, governing the indemnification of beneficiaries of the trust. The schedule of benefits shall include all conditions, limitations, and exclusions relevant to indemnification.
R.S. 22:405 active rs title
Bylaws and plan of operation benefits ACTIVE
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References
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Cited by
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History
- enactment Acts 1986, No. 574, §2