{
  "urn": "urn:us-la:rs:22:445",
  "title_number": "22",
  "section_number": "445",
  "citation": "R.S. 22:445",
  "heading": "Tontine funds; sales prohibited",
  "text": "A. The sale by any person of tontine funds whereby any part of the principal or interest earned on individual contributions is to be used for the benefit of other contributors is hereby prohibited.\n\nB. Nothing herein contained shall in any way be construed as prohibiting the sale of insurance policies approved for use in the state of Louisiana by the commissioner of insurance.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "22",
      "name": "INSURANCE CODE"
    },
    {
      "level": "chapter",
      "number": "2",
      "name": "REQUIREMENTS FOR INSURERS AND OTHER RISK BEARING ENTITIES"
    },
    {
      "level": "part",
      "number": "I",
      "name": "KINDS OF INSURERS"
    },
    {
      "level": "subpart",
      "number": "O",
      "name": "SURPLUS LINES"
    }
  ],
  "breadcrumb": "Title 22 › Chapter 2 › Part I › Subpart O",
  "acts_citations": [
    {
      "act_year": 1964,
      "act_number": 385,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 1964,
      "act_number": 385,
      "section": 2,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 2009,
      "act_number": 503,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Added by Acts 1964, No. 385, §§1, 2; Redesignated from R.S. 22:1271 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:445 redesignated as R.S. 22:174 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=507062",
  "website_law_id": 507062,
  "scrape_timestamp": "2026-05-22T22:11:38Z",
  "source_html_hash": "sha256:eceeb42b175baa8b89a29ff76eca4cf6b8b02318f21c02b4814cac401ffecf25",
  "schema_version": "1.0.0"
}