RS 22:382 License required of property residual value insurer - Louisiana Statutes

§382.  License required of property residual value insurer

No person shall act as or attempt to act as a property residual value insurer unless licensed to do so by the commissioner.  Each application shall be submitted to the commissioner along with the fee for such license in the amount of one thousand five hundred dollars.  Licenses shall be renewed annually upon payment of a fee of one thousand five hundred dollars, which shall be paid no later than March fifteenth of each year.

Added by Acts 1981, No. 472, §1, eff. July 19, 1981; Redesignated from R.S. 22:1901 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.