{
  "urn": "urn:us-la:rs:22:638",
  "title_number": "22",
  "section_number": "638",
  "citation": "R.S. 22:638",
  "heading": "Hearings",
  "text": "Upon the occurrence of any of the following events, the health organization shall have the right to demand a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq. The events include:\n\n(1) Notification to a health organization by the commissioner of an adjusted risk-based capital report.\n\n(2) Notification to a health organization by the commissioner that both of the following apply:\n\n(a) The health organization's risk-based capital plan or revised risk-based capital plan is unsatisfactory.\n\n(b) Notification constitutes a regulatory-action level event with respect to the health organization.\n\n(3) Notification to a health organization by the commissioner that the health organization has failed to adhere to its risk-based capital plan or revised risk-based capital plan and that the failure has a substantial adverse effect on the ability of the health organization to eliminate the company-action level event with respect to the health organization in accordance with its risk-based capital plan or revised risk-based capital plan.\n\n(4) Notification to a health organization by the commissioner of a corrective order with respect to the health organization.",
  "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": "III",
      "name": "FINANCIAL SOLVENCY AND REPORTING REQUIREMENTS"
    },
    {
      "level": "subpart",
      "number": "D",
      "name": "RISK-BASED CAPITAL FOR HEALTH ORGANIZATIONS"
    }
  ],
  "breadcrumb": "Title 22 › Chapter 2 › Part III › Subpart D",
  "acts_citations": [
    {
      "act_year": 2003,
      "act_number": 1106,
      "section": 1,
      "effective_date": "2003-12-31",
      "effective_date_raw": "Dec. 31, 2003",
      "role": "enactment"
    },
    {
      "act_year": 2009,
      "act_number": 317,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    },
    {
      "act_year": 2009,
      "act_number": 503,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 2003, No. 1106, §1, eff. Dec. 31, 2003; Redesignated from R.S. 22:2036.8 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 317, §1; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:638 redesignated as R.S. 22:886 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=507340",
  "website_law_id": 507340,
  "scrape_timestamp": "2026-05-22T22:11:39Z",
  "source_html_hash": "sha256:1727dc95adaa107ee56e6004457ab5798f9d936c33d2f4eac06382706e4da9f2",
  "schema_version": "1.0.0"
}