CCRP 314 - Commercial surety - Louisiana Statutes

Art. 314. Commercial surety

A surety company authorized to do business in the state of Louisiana may become surety for the release of a person on bail. The sufficiency of security posted in the form of an appearance bond by a surety company, as required by the provisions of Title 22 of the Louisiana Revised Statutes of 1950, shall be determined solely by the commissioner of insurance.

Amended by Acts 1974, Ex.Sess. No. 18, §1, eff. Jan. 1, 1975; Acts 1981, No. 438, §1; Acts 1993, No. 834, §1, eff. June 22, 1993.