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Louisiana Revised Statutes Tit. 22, § 2368. Matching capital fund grants

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

A. The insurer shall make a commitment of capital of not less than two million dollars to write property insurance in this state that complies with the requirements of R.S. 22:2369.

B. Matching capital fund grants authorized under this Chapter shall match the newly allocated insurer capital funds at a ratio of one dollar of state capital grant funds to one dollar of allocated insurer capital funds.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 22, § 2368. Matching capital fund grants - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-22-sect-2368/

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