R.S. 30:2490

Awards exceeding fund ACTIVE

A. In the event that the awards against the fund exceed the existing balance of the fund, the claimant or claimants shall be paid from the future income of the fund. Each claimant or claimants applying for reimbursement shall receive a pro rata share of all money available in the fund until the total amount of awards is paid.

B. The coordinator by rule may make exceptions to Subsection A of this Section in cases of hardship. Amounts collected by the fund from the prosecution of actions shall be used to satisfy the claims as to which such prosecutions relate to the extent unsatisfied.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 1991, No. 7, §1, eff. April 23, 1991

Section navigation

Cite R.S. 30:2490

Bluebook
La. Rev. Stat. Ann. § 30:2490 (2026).
Permalink
https://theusufruct.com/rs/title-30/section-2490
BibTeX
@misc{larevstat-30-2490,
  title        = {La. Rev. Stat. Ann. § 30:2490},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-30/section-2490},
  note         = {Snapshot 2026-05-22}
}