2006 Louisiana Laws - RS 22:3015 — Insolvency of plan
§3015. Insolvency of plan
When the commissioner, after examination or review of the audit statement required under R.S. 22:3013, finds that a self-insurance plan is nearing an insolvent condition or is insolvent, he may issue such orders as he deems necessary to rehabilitate the plan, or he may petition a court of competent jurisdiction for an injunction and rehabilitation as provided for in Part XVI of Chapter 1 of this Title.
Acts 1990, No. 902, §1.
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