RS 22:550.16
Association captive insurance companies must follow domestic insurer investment rules. Pure captive insurance companies may invest freely, but the commissioner can restrict investments that threaten solvency or liquidity. A pure captive insurance company may lend to its parent or affiliate only if the commissioner appr
- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
Association captive insurance companies must follow domestic insurer investment rules. Pure captive insurance companies may invest freely, but the commissioner can restrict investments that threaten solvency or liquidity. A pure captive insurance company may lend to its parent or affiliate only if the commissioner approves the loan and the note form in writing and the loan excludes set-aside capital or surplus funds.
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RS 22:550.16
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