The commissioner may require a domestic stock insurer to have and maintain a greater amount of capital and surplus than prescribed in R.S. 22:81 or 82, based upon the type, volume, and nature of insurance business transacted. The commissioner is authorized to promulgate such rules and regulations as he may deem necessary to carry out the provisions of this Section.
R.S. 22:83 active rs title
Additional capital and surplus ACTIVE
Actions
References
Cited by
None.
History
- enactment Acts 1992, No. 811, §1