---
urn: urn:us-la:rs:22:465
citation: "R.S. 22:465"
status: active
breadcrumb: "Title 22 › Chapter 2 › Part I › Subpart P"
acts_citations:
  - { year: 1990, number: 902, section: 1, effective_date: null, role: enactment }
  - { year: 2009, number: 503, section: 1, effective_date: null, role: amendment }
---

# Insolvency of plan

When the commissioner, after examination or review of the audit statement required under R.S. 22:463, finds that a self-insurance plan is nearing an insolvent condition or is insolvent, he may issue such orders as he deems necessary to rehabilitate the plan, or he may petition a court of competent jurisdiction for an injunction and rehabilitation as provided for in R.S. 22:73 and 96, Subpart H of Part III of this Chapter, R.S. 22:731 et seq., and Chapter 9 of this Title, R.S. 22:2001 et seq.