Louisiana Administrative Code
Title 37 - INSURANCE Part
Part III - Patient's Compensation Fund Oversight Board
Chapter 15 - Defense of the Fund
Section III-1507 - Settlement of Claims
Universal Citation: LA Admin Code III-1507
Current through Register Vol. 50, No. 9, September 20, 2024
A. Claims against the fund may be compromised and settled upon the recommendation of the executive director and the approval of the board. The executive director shall, however, have authority, without the necessity of prior approval by the board, to compromise and settle any individual claim against the fund for an amount not exceeding $25,000.
AUTHORITY NOTE: Promulgated in accordance with R.S. 40:1299.44(D)(3).
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