Usufruct
R.S. 22:853

Insurable interest required; property insurances ACTIVE

A. No contract of insurance on property or of any interest therein or arising therefrom shall be enforceable except for the benefit of persons having an insurable interest in the things insured.

B. "Insurable interest" as used in this Chapter means any lawful and substantial economic interest in the safety or preservation of the subject of the insurance free from loss, destruction, or pecuniary damage.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1958, No. 125
  • amendment Acts 2010, No. 375, §1, eff. Jan. 1, 2011

Section navigation

Cite R.S. 22:853

Bluebook
La. Rev. Stat. Ann. § 22:853 (2026).
Permalink
https://theusufruct.com/rs/title-22/section-853
BibTeX
@misc{larevstat-22-853,
  title        = {La. Rev. Stat. Ann. § 22:853},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-22/section-853},
  note         = {Snapshot 2026-05-22}
}