Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XI - Rules
Chapter 19 - Rule Number 7-Legal Expense Insurers
Section XI-1915 - Penalty for Non-Compliance

Universal Citation: LA Admin Code XI-1915

Current through Register Vol. 50, No. 9, September 20, 2024

A. Any legal expense insurer, as defined herein, and that is not subject to the "Exemptions" in §1907 of these rules and who does not hold a current and valid certificate of authority to do business in this state is in violation of R.S. 22:7(A) and the commissioner shall take the necessary steps to enforce those provisions of law. Further, any person who solicits, negotiates, or issues a contract of insurance that affords legal expense insurance coverage as an agent of a legal expense insurer and who does not hold a proper and valid license as an agent shall be subject to the provisions of R.S. 22:1175 and the commissioner shall take the necessary steps to enforce these provisions of the law.

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2.

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