RS 22:86
A domestic stock insurer may not declare or pay dividends unless its capital is fully paid in cash, unimpaired, and it meets the stated surplus and liability conditions; the restriction does not apply if paid-in capital and surplus exceed the Code minimum by 100% or more.
- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
capital requirements dividends surplus
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
RS 22:86
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.