Louisiana Revised Statutes 22:993 – Construction of policy issued in violation of this Subpart
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 22:993
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
A policy issued in violation of this Subpart shall be held valid but shall be construed as provided herein, and when any provision in such a policy is in conflict with any provisions of this Subpart, the rights, duties, and obligations of the insurer, the policyholder, and the beneficiary shall be governed by the provisions of this Subpart.
Acts 1958, No. 125; Redesignated from La. Rev. Stat. 22:218 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2010, No. 919, §1, eff. Jan. 1, 2011.