2006 Louisiana Laws - RS 22:772 — Administrative election of proceedings

§772.  Administrative election of proceedings

Nothing contained in this Part shall preclude the commissioner from initiating judicial proceedings in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designated under the laws of the state, regardless of whether the commissioner has previously initiated administrative supervision under this Part against the insurer.

Acts 1991, No. 997, §1.  

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