Usufruct
R.S. 22:655

Unearned premium reserve; reduction below required amount prohibited ACTIVE

Nothing contained in R.S. 22:651 through 655 shall be deemed to permit the ceding insurer to receive through the cession of the whole or any part of any risk or risks any advantage whereby its unearned premium reserve, or the net amount of its valuation reserves, as the case may be, is reduced below the required amount thereof by the provisions of this Subpart.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1991, No. 996, §1, eff. Jan. 1, 1992
  • amendment Acts 1995, No. 1182, §2

Section navigation

Cite R.S. 22:655

Bluebook
La. Rev. Stat. Ann. § 22:655 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-655
BibTeX
@misc{larevstat-22-655,
  title        = {La. Rev. Stat. Ann. § 22:655},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-655},
  note         = {Snapshot 2026-05-22}
}