2006 Louisiana Laws - RS 22:801 — Conversion requirements

PART XVII.  CONVERSION

§801.  Conversion requirements

A.  After the effective date of this Section, no domestic life insurer may convert to a type of insurer having greater insuring power without meeting the full capital, surplus, and deposit requirements of the type insurer to which it desires to convert.

B.  Repealed by Acts 1997, No. 1449, §2.

Acts 1958, No. 125.  Amended by Acts 1960, No. 167, §1; Acts 1975, No. 575, §1; Acts 1997, No. 1449, §2.

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