2006 Louisiana Laws - RS 22:3062 — No discrimination against non-affiliated agents
§3062. No discrimination against non-affiliated agents
No financial institution may:
(1) Offer a banking product or service, or fix or vary the conditions of such offer, on a condition or requirement that the customer obtain insurance from any particular agent or broker.
(2) In connection with a loan or extension of credit that requires a borrower to obtain insurance, reject an insurance policy solely because such policy has been issued or underwritten by any person who is not associated with such institution.
(3) Impose any unreasonable requirement on any insurance agent or broker who is not associated with the financial institution that is not imposed on any insurance agent who is associated with such institution.
Acts 1997, No. 1475, §2, eff. July 15, 1997.
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