Find Laws Find Lawyers Free Legal Forms USA State Laws

LOUISIANA STATUTES AND CODES

RS 22:174 Subscribers' liability

§174.  Subscribers' liability

A.  Except as to non-assessable policies, any contract of insurance exchanged pursuant to this Subpart shall provide for a contingent several liability of the subscriber for payment of actual losses and expenses incurred while such contract was in force.  Such contingent liability shall be in an amount as specified in the declaration of organization.

B.  Each assessable policy issued by the insurer shall plainly set forth a statement of the contingent liability.

C.  The contingent liability of each subscriber for the obligations of the reciprocal insurer shall not be joint, but shall be individual and several.

Acts 1958, No. 125; Redesignated from R.S. 22:445 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

NOTE:  Former R.S. 22:174 redesignated as R.S. 22:961 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

Louisiana Forms by Issue

Louisiana Business Forms
Louisiana Tax Forms

Louisiana Law

Louisiana State Laws
    > Louisiana Child Support
    > Louisiana Gun Laws
    > Louisiana Statute
Louisiana Tax
    > Louisiana State Tax
Louisiana Labor Laws
    > Louisiana Unemployment
Louisiana Agencies
    > Louisiana Civil Service
    > Louisiana Department of Insurance
    > Louisiana Department of Social Services
    > Louisiana Department of Wildlife and Fisheries
    > Louisiana DMV
    > Louisiana Medicaid
    > Louisiana Secretary of State
    > Louisiana Secretary of State Corporations Database
    > Louisiana State Board of Nursing
    > Louisiana State Police
    > Louisiana Workforce Commission

Louisiana Court Map

Tips