RS 22:90
If the capital impairment is within the stated ratio, the insurance commissioner may allow capital reduction instead of requiring the impairment to be made good, and the board of directors must replace the stock certificates.
- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
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capital reduction impairment stock certificates
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RS 22:90
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