Usufruct
R.S. 22:573

Limits of risks assumed ACTIVE

No property and casualty insurer doing business in this state shall expose itself to loss on any one risk in an amount which exceeds ten percent of the insurer's capital and surplus. A risk, or any portion thereof, which has been reinsured shall be deducted in determining the limitation of risk prescribed in this Section.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1991, No. 960, §1
  • amendment Acts 1992, No. 811, §1

Section navigation

Cite R.S. 22:573

Bluebook
La. Rev. Stat. Ann. § 22:573 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-573
BibTeX
@misc{larevstat-22-573,
  title        = {La. Rev. Stat. Ann. § 22:573},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-573},
  note         = {Snapshot 2026-05-22}
}