There is a newer version of the Louisiana Laws
2006 Louisiana Laws - RS 22:125 — Dividends
§125. Dividends
No domestic mutual insurer shall pay any dividends to its policyholders unless it has a surplus beyond the initial minimum surplus required and all other liabilities, except a liability created under R.S. 22:124(2), equal to fifteen per cent of such initial minimum surplus.
Acts 1958, No. 125.
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