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Louisiana Revised Statutes Tit. 22, § 1626. Examination authority; account reports; financial examinations; required notices to department

Current as of January 01, 2023 | Updated by Findlaw Staff

A. The acts of the MGA are considered to be the acts of the insurer on whose behalf it is acting. An MGA may be examined as if it were the insurer.

B. As the commissioner considers necessary, an MGA shall submit to an examination by the commissioner of the MGA's financial condition.

C. The MGA shall pay the examination expenses in an amount that the commissioner certifies as just and reasonable.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 22, § 1626. Examination authority; account reports; financial examinations; required notices to department - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-22-sect-1626/

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