Usufruct
R.S. 22:755

Penalty; improper payment of dividends ACTIVE

Any officer or director of any insurer who votes or assents to any payment, either to stockholders or policyholders, in violation of any of the provisions of R.S. 22:754 shall forfeit to the state the sum of five thousand dollars, to be recovered in an action brought in the name of the commissioner of insurance.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1958, No. 125

Section navigation

Cite R.S. 22:755

Bluebook
La. Rev. Stat. Ann. § 22:755 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-755
BibTeX
@misc{larevstat-22-755,
  title        = {La. Rev. Stat. Ann. § 22:755},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-755},
  note         = {Snapshot 2026-05-22}
}