2006 Louisiana Laws - RS 22:1012 — Receivership
§1012. Receivership
Whenever it appears to the commissioner that any person has committed a violation of this Part which so impairs the financial condition of a domestic insurer as to threaten insolvency or make the further transaction of business by it hazardous to its policyholders, creditors, shareholders, or the public, then the commissioner may proceed as provided in Part XVI of Chapter 1 of Title 22 of the Louisiana Revised Statutes of 1950.
Acts 1991, No. 794, §1.
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