The commissioner of insurance may order the immediate cancellation of any policy the procuring or effectuation of which was accomplished through or accompanied by a violation of this Code, except in cases where the policy by its terms cannot be cancelled by the insurer and the insured did not knowingly participate in any such violation.
R.S. 22:886 active rs title
Cancellation by the commissioner of insurance ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1958, No. 125
- amendment Acts 2010, No. 375, §1, eff. Jan. 1, 2011