There is a newer version of the Louisiana Laws
2013 Louisiana Laws
Revised Statutes
TITLE 22 - Insurance
RS 22:412 - Assets
LA Rev Stat § 22:412 What's This?
§412. Assets
Every authorized trust fund shall have and maintain financial assets sufficient to satisfy all current and future financial obligations and responsibilities to beneficiaries. The commissioner shall adopt rules establishing minimum financial standards for authorized trust funds.
Acts 1986, No. 574, §2; Redesignated from R.S. 22:2052 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
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