Louisiana Revised Statutes 22:414 – Coinsurance and reinsurance
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Terms Used In Louisiana Revised Statutes 22:414
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Authorized trust funds may insure or reinsure their obligations and liabilities with insurance companies authorized to do business in Louisiana or with companies similarly authorized in any other state of the United States.
Acts 1986, No. 574, §2; Redesignated from La. Rev. Stat. 22:2054 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.