Usufruct
R.S. 22:528

Title insurer; restrictions ACTIVE

A title insurer shall not:

(1) Appoint any director, officer, controlling shareholder, or employee of a title insurance producer to serve on the title insurer's board of directors if the title insurance producer wrote one percent or more of the direct premiums of the title insurer written during the previous calendar year as shown on the title insurer's most recent annual statement on file with the department. This Paragraph shall not apply to relationships governed by R.S. 22:691.1 et seq.

(2) Jointly employ an individual who is employed with the title insurance producer unless the title insurer and the title insurance producer are affiliated or otherwise under common control as defined by R.S. 22:691.2.

(3) Engage in the practice of law as defined by R.S. 37:212.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1999, No. 192, §1, eff. June 9, 1999
  • amendment Acts 2009, No. 503, §1
  • amendment Acts 2016, No. 6, §1
  • amendment Acts 2022, No. 161, §1

Section navigation

Cite R.S. 22:528

Bluebook
La. Rev. Stat. Ann. § 22:528 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-528
BibTeX
@misc{larevstat-22-528,
  title        = {La. Rev. Stat. Ann. § 22:528},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-528},
  note         = {Snapshot 2026-05-22}
}