reglab/housing_qa huggingface dataset:
LA Rev Stat § 22:132 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§132. Policy provisions

RS 132 - Policy provisions A. No service insurer shall issue a policy for a term of more than twenty years and all policies issued shall be incontestable after the lapse of one year from the date of its issue, except for nonpayment of premiums or assessments. Thirty days written notice must be given to the policyholder before any policy shall be lapsed or forfeited for nonpayment of premiums or assessments. All policy forms, endorsements, riders, and applications must be submitted to and approved by the commissioner of insurance before being used. B. Each policy must specify those things which constitute the service to be furnished, performed, or rendered; and must also provide on the face of the funeral benefit policy a stated cash payment which will be made in lieu of such services in the event it is impossible or impractical to furnish such services as set forth in the policy. This cash payment shall be not less than one hundred percent of the stated value of such services. C. If for any reason the beneficiary does not avail himself of the contractual services as set forth in the funeral policy when it is practical and possible to furnish such services, then, in lieu thereof, the policy shall provide for a stated cash payment which shall not be less than seventy-five percent of the face amount. D. Such funeral policies shall also conform to the requirements of R.S. 22:149(A)(2), (4), (5), (6), (7), (8), and (9). Acts 1958, No. 125. Amended by Acts 1964, No. 125, §1; Acts 1972, No. 246, §1, eff. Jan. 1, 1973; Acts 1977, No. 116, §1, eff. Jan. 1, 1978; Redesignated from R.S. 22:292 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:132 redesignated as R.S. 22:123 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:133 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§133. Deposits

RS 133 - Deposits All domestic service insurers shall, in addition to all other requirements, deposit with the commissioner of insurance a safekeeping or trust receipt of a bank doing business within this state or a savings and loan association chartered to do business in this state, indicating that five thousand dollars in money or approved bonds of the United States, the state of Louisiana, or any political subdivision thereof, of the par value of not less than twenty thousand dollars has been deposited, the value thereof to be maintained. Such deposit shall be held subject to the claim of any judgment creditor arising and accruing by virtue of any policy or certificates issued by such insurer, through judgment obtained against it in any court of this state, or in any federal court in this state. Acts 1958, No. 125. Amended by Acts 1960, No. 166, §1; Acts 1981, No. 856, §1; Acts 1982, No. 748, §1; Redesignated from R.S. 22:293 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:133 redesignated as R.S. 22:124 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:134 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§134. Capital requirements

RS 134 - Capital requirements  All domestic insurers qualifying to write service insurance only shall in lieu of the capital requirements of R.S. 22:81 or the minimum surplus requirements of R.S. 22:111 and 22:114, have a paid-in capital of ten thousand dollars and a minimum surplus of five thousand dollars, if a stock insurer, or a minimum surplus of fifteen thousand dollars, if a mutual insurer, before beginning business. All service insurers authorized as of 12:00 noon on July 27, 1960 may continue to operate without meeting the increased capital and surplus requirements. Acts 1958, No. 125. Amended by Acts 1960, No. 174, §1; Redesignated from R.S. 22:294 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:135 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§135. Incorporation of service insurers prohibited

RS 135 - Incorporation of service insurers prohibited No domestic service insurance company may be organized and no alien or foreign service insurer may be qualified by this Subpart to do business in this state after twelve o'clock noon of August 1, 1964. Added by Acts 1964, No. 151, §1; Redesignated from R.S. 22:295 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
LA Rev Stat § 22:141 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§141. Industrial insurance defined

RS 141 - Industrial insurance defined Industrial life insurance is hereby defined and shall be construed to be that insurance which is issued by: (1) a domestic life insurance company, qualified as an industrial insurer; or (2) a life insurer, domestic or foreign, whose policies provide any or all of the benefits enumerated in R.S. 22:142, and whose policies shall not exceed the limitation set forth therein and whose policy provisions and nonforfeiture benefits are at least as favorable to the policyholder as those contained in R.S. 22:146 and 149, respectively. Acts 1958, No. 125. Amended by Acts 1958, No. 94, §2, eff. Jan. 1, 1959 at 12:00 Noon; Redesignated from R.S. 22:251 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
LA Rev Stat § 22:142 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§142. Limitations

RS 142 - Limitations A. No domestic industrial insurer whose capital, surplus, and deposit or whose minimum initial surplus and deposit is less than that required by R.S. 22:81 or 111 shall issue any policy or contract, or combination of policies or contracts, on a single life, in excess of the following limitations: (1) A life insurance policy, including funeral benefits, in the aggregate value of two thousand five hundred dollars in death benefits, exclusive of multiple indemnity benefits. (2) A disability policy in the aggregate benefits of forty dollars per week. (3) A policy providing benefits for dismembered and broken limbs, and/or loss of eyesight in the aggregate of one thousand dollars per policy year. (4) A policy which provides benefits for the payment for or furnishing of hospitalization, drugs, attending physicians and surgical costs in the aggregate of one thousand dollars per policy year. (5) A policy providing accidental death benefits of one thousand dollars. B. Repealed by Acts 1997, No. 184, §2. C. The limits provided in Subsection A of this Section shall be increased to the underwriting limits provided in R.S. 22:148 for those insurers who are entitled to increased underwriting powers under its provisions. D. No insurer shall issue an industrial life insurance policy on more than a single life, except life insurance covering the spouse and/or the minor children of an insured under a policy naming each member of the insured's family thereby covered and stipulating a separate premium for each such family member determined according to the attained age of each. Acts 1958, No. 125. Amended by Acts 1958, No. 95, §1, eff. Jan. 1, 1959 at 12:00 Noon; Acts 1960, No. 431, §1; Acts 1974, No. 4, §2; Acts 1997, No. 184, §§1, 2; Redesignated from R.S. 22:252 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
LA Rev Stat § 22:144 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§144. Capital requirements

RS 144 - Capital requirements  All domestic insurers organized after 12:00 noon on July 27, 1960, qualifying to write industrial life insurance only, shall, in lieu of the capital requirements of R.S. 22:81, or the minimum surplus requirements of R.S. 22:111 and 22:114, have a paid-in capital of thirty thousand dollars, and a minimum surplus of thirty thousand dollars, if a stock insurer, or a minimum surplus of sixty thousand dollars, if a mutual insurer, before beginning business. Acts 1958, No. 125. Amended by Acts 1960, No. 150, §1; Redesignated from R.S. 22:254 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:145 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§145. Repealed by Acts 2021, No. 159, §2, eff. July 1, 2021.

RS 145 - Repealed by Acts 2021, No. 159, §2, eff. July 1, 2021.
LA Rev Stat § 22:147 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§147. Policies under standard non-forfeiture law excepted

RS 147 - Policies under standard non-forfeiture law excepted  The provisions of R.S. 22:146 shall not apply to any policy issued by any industrial insurer under the provisions of R.S. 22:936. Acts 1958, No. 125; Redesignated from R.S. 22:257 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:148 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§148. Powers of existing industrial insurers

RS 148 - Powers of existing industrial insurers Industrial insurers already organized and qualified under the industrial laws of this state as of twelve o'clock noon of October 1, 1948, shall continue to have the same underwriting powers they had as of that date without the necessity of meeting the increased capital or deposit requirements of this Code. All policies issued subsequent to twelve o'clock noon of October 1, 1948, by such insurers must conform to the provisions of this code, except as to the amount of insurance which may be written on a single life. No industrial insurer, not authorized to write policies in excess of one thousand two hundred fifty dollars as of twelve o'clock noon of October 1, 1948, can acquire such authority except by conversion to another type insurer, provided, however, that when any domestic industrial insurer, not so previously authorized, shall meet the minimum capital, surplus and deposit requirements, if a stock company, or the minimum initial surplus and deposit requirements, if a mutual company, required by this Code of an ordinary insurer, it may, after appropriate charter amendment and without conversion to an ordinary insurer, or after conversion, issue industrial insurance on a single life in an amount not to exceed two thousand five hundred dollars exclusive of multiple indemnity, subject to all other provisions of this Subpart applicable to industrial insurers except as to amount. Acts 1958, No. 125. Amended by Acts 1974, No. 4, §2; Redesignated from R.S. 22:258 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
LA Rev Stat § 22:150 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§150. Exceptions

RS 150 - Exceptions The requirements in R.S. 22:149 shall not be applicable as follows: (1) When an industrial life insurance policy is issued by any domestic, foreign, or alien insurer providing other benefits, in addition to life insurance, the provisions of R.S. 22:149 shall apply only to the life insurance portion of the policy. (2) Any of the provisions of R.S. 22:149 or portions thereof not applicable to non-participating or term or paid-up policies shall to that extent not be incorporated therein. Acts 1958, No. 125; Redesignated from R.S. 22:260 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
LA Rev Stat § 22:161 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§161. Scope of Subpart

RS 161 - Scope of Subpart A. This Subpart shall apply to all reciprocal insurers organized or authorized to transact business in this state. B. As used in this Subpart, "subscriber" means the participant or policyholder; "attorney-in-fact" means the representative of the subscribers through whom reciprocal insurance is exchanged; and "reciprocal insurer" means the organization or group of all the subscribers. Acts 1958, No. 125; Redesignated from R.S. 22:431 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
LA Rev Stat § 22:162 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§162. Subscribers

RS 162 - Subscribers  Any person, partnership, private corporation, board, association, estate, trustee, or fiduciary may be a subscriber of a reciprocal insurer. All reciprocal or inter-insurance contracts exchanged among such subscribers shall be executed by an attorney-in-fact common to all subscribers. Acts 1958, No. 125; Redesignated from R.S. 22:432 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:162 redesignated as R.S. 22:751 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:162.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§162.1. Redesignated as R.S. 22:752 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 162.1 - Redesignated as R.S. 22:752 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:163 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§163. Name; suits

RS 163 - Name; suits  A reciprocal insurer shall:  (1) Have and use a business name, which shall include the words "Reciprocal" or "Inter-Insurance Exchange" or "Underwriters" or "Underwriting" or be supplemented by the words "A Reciprocal" or "An Inter-Insurance Exchange." Such name shall not be the same as or deceptively similar to the name of any other insurer organized or authorized to transact business in this state. (2) Sue and be sued in its own name. Acts 1958, No. 125; Redesignated from R.S. 22:433 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:163 redesignated as R.S. 22:753 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:164 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§164. Insuring powers

RS 164 - Insuring powers  A. A reciprocal insurer may be authorized to exchange contracts covering any kind or kinds of insurance defined by this Code, other than life or title insurance. B. A reciprocal insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance which it is authorized to transact direct. Acts 1958, No. 125; Redesignated from R.S. 22:434 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:164 redesignated as R.S. 22:754 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:165 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§165. Minimum application and surplus requirements

RS 165 - Minimum application and surplus requirements A. A domestic reciprocal insurer, if it has otherwise complied with the provisions of this Code, may be authorized to exchange contracts of insurance in this state upon qualifying therefor and by having initial minimum assets as follows: Initial Minimum Insurance Surplus (1) Health and accident $ 300,000 (2) Vehicle 1,000,000 (3) Liability 1,000,000 (4) Workers' compensation (a) Any company organized and authorized to transact workers' compensation only on or before July 27, 1966 150,000 (b) Any company organized and authorized to transact workers' compensation only after July 27, 1966  1,000,000 (5) Burglary and forgery  1,000,000 (6) Fidelity 1,000,000 (7) Title 75,000 (8) Fire and allied lines 1,000,000 (9) Steam boiler and sprinkler damage 1,000,000 (10) Crop  (a) Any company organized and authorized to transact crop insurance only on or before July 27, 1966 250,000 (b) Any company organized and authorized to transact crop insurance only after July 27, 1966 1,000,000 (11) Marine and transportation 1,000,000 (12) Miscellaneous 1,000,000 (13) Homeowners' insurance 1,000,000 (14) Credit health and accident insurance 300,000 (15) Credit property and casualty insurance 1,000,000 (16) Surety 1,000,000 (17) Industrial fire 300,000 (18) All insurances, except life and title 1,000,000 B. Insurers already organized and qualified under the laws of this state as of July 27, 1966, shall continue to have the same underwriting powers they had as of that date, provided all such insurers shall increase the surplus requirements to the amounts set out in Subsection A of this Section on or before August 1, 1967. Acts 1958, No. 125. Amended by Acts 1958, No. 102, §1; Acts 1962, No. 50, §1; Acts 1966, No. 72, §1; Acts 1983, 1st Ex.Sess., No. 1, §6; Redesignated from R.S. 22:435 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 326, §1, eff. Jan. 1, 2010; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:165 redesignated as R.S. 22:755 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:166 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§166. Power of attorney

RS 166 - Power of attorney  A. The rights and powers of the attorney-in-fact of a reciprocal insurer shall be as provided in the power of attorney or other authority of the attorney-in-fact given it by the subscribers, which shall be set forth:  (1) The powers of and the general services to be performed by the attorney-in-fact. (2) The address of the principal office of the attorney-in-fact. (3) That the attorney-in-fact is authorized to accept service of process on behalf of the reciprocal insurer and to authorize the secretary of state or some other person in his office during his absence he may designate to receive service of process in actions against the insurer upon contracts exchanged. (4) The maximum amount to be deducted from advance premiums or deposits to be paid to the attorney-in-fact and the items of expense, in addition to losses, to be paid by the reciprocal. (5) A provision for a cash premium or deposit. (6) Except as to non-assessable policies, a provision for a contingent several liability of each subscriber in an amount of not less than one nor more than ten times the cash premium or deposit stated in the contract. (7) Any other lawful provisions deemed advisable. B. The terms of any power of attorney or agreement collateral thereto shall be reasonable and equitable, and no such power or agreement or any amendment thereof shall be used or be effective in this state until approved by the commissioner of insurance. Acts 1958, No. 125; Redesignated from R.S. 22:437 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:166 redesignated as R.S. 22:934 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:167 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§167. Declaration of organization

RS 167 - Declaration of organization  The attorney-in-fact of subscribers who desire to form a reciprocal insurer under this Subpart shall sign and acknowledge, before an officer authorized to take acknowledgments, a declaration of organization setting forth:  (1) The name of the reciprocal insurer and the attorney-in-fact. (2) The location of the insurer's principal office, which shall be the same as that of the attorney-in-fact, and shall be maintained within this state. (3) The kinds of insurance proposed to be transacted. (4) The names and addresses of the officers and directors of the attorney-in-fact, if a corporation, or of its members, if a firm. (5) The minimum and maximum liability of the subscriber for the payment of losses occurring under its policies. (6) Any other lawful provisions deemed advisable. Acts 1958, No. 125; Redesignated from R.S. 22:438 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:167 redesignated as R.S. 22:935 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:168 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§168. Documents to be filed

RS 168 - Documents to be filed A. Upon execution of the declaration of organization, there shall be filed with the commissioner of insurance the following: (1) The declaration of organization. (2) A copy of the power of attorney of the attorney-in-fact under or by virtue of which insurance contracts are to be effected or exchanged. (3) The insurer's irrevocable authorization of the secretary of state, and his successors in office, to receive legal process issued in this state against the insurer. (4) All forms of insurance policies or contracts and endorsements proposed to be used and the forms of applications therefor. B. Upon approval of the commissioner of insurance, he shall record with the secretary of state a copy of the insurer's irrevocable authorization of the secretary of state, and his successors in office, to receive legal process issued in this state against the insurer. Acts 1958, No. 125; Redesignated from R.S. 22:439 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:168 redesignated as R.S. 22:936 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:169 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§169. Repealed by Acts 2009, No. 503, §2.

RS 169 - Repealed by Acts 2009, No. 503, §2.
LA Rev Stat § 22:170 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§170. Authority to solicit applications

RS 170 - Authority to solicit applications  If the commissioner of insurance finds that the documents required to be filed with him are in conformity with law, he shall approve such documents and issue to the attorney-in-fact a permit, which shall expire at the end of one year from its date, authorizing the attorney-in-fact to solicit applications, advance premiums and deposits for insurance in accordance with this Code on the form of application for insurance filed with him, and to do such other acts as may be necessary and proper in order to complete the organization of the reciprocal insurer and to entitle it to receive a certificate of authority to transact an insurance business. Acts 1958, No. 125; Redesignated from R.S. 22:441 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:170 redesignated as R.S. 22:931 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:170.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§170.1. Redesignated as R.S. 22:932 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 170.1 - Redesignated as R.S. 22:932 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:171 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§171. Repealed by Acts 2021, No. 159, §2, eff. July 1, 2021.

RS 171 - Repealed by Acts 2021, No. 159, §2, eff. July 1, 2021.
LA Rev Stat § 22:172 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§172. Certificate of authority

RS 172 - Certificate of authority When the commissioner of insurance has been notified that the required bona fide applications have been received and that the reciprocal insurer has received from each subscriber the full annual premium or premium deposit required for each policy applied for and has on hand the initial surplus provided in R.S. 22:165, if it is to transact one kind of business only is on hand, he shall conduct an examination of the insurer. If he finds that the organization is complete, and that all of the requirements of the Code have been met, he shall issue to the attorney-in-fact a certificate of authority in the name of the insurer to transact the kind or kinds of business specified therein. No attorney-in-fact shall transact any business of insurance until the certificate of authority has been received nor any business not specified in such certificate of authority. Acts 1958, No. 125; Redesignated from R.S. 22:443 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:172 redesignated as R.S. 22:884 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:173 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§173. Policies effective

RS 173 - Policies effective  Any policy applied for by an original subscriber shall become effective upon the issuance of the certificate of authority to the reciprocal insurer. Acts 1958, No. 125; Redesignated from R.S. 22:444 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. NOTE: Former R.S. 22:173 redesignated as R.S. 22:951 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
LA Rev Stat § 22:173.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 22 - Insurance|§173.1. Redesignated as R.S. 22:952 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

RS 173.1 - Redesignated as R.S. 22:952 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.