Louisiana Revised Statutes 22:264 – Restriction on alienations or transfers of certificate of authority
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Terms Used In Louisiana Revised Statutes 22:264
- Commissioner: means the commissioner of insurance. See Louisiana Revised Statutes 22:242
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A certificate of authority shall not be disposed of, sold, transferred, or utilized by any person other than the applicant except as authorized by the commissioner. An aggrieved party affected by the commissioner’s decision, act, or order may demand a hearing in accordance with Chapter 12 of this Title, La. Rev. Stat. 22:2191 et seq.
Acts 1986, No. 1065, §1; Redesignated from La. Rev. Stat. 22:2019 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 317, §1.