For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Domestic nonprofit mutual associations; insurer

La. R.S. 22:124
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
22:124. Domestic nonprofit mutual associations; insurer Notwithstanding any law, regulation, or definition to the contrary, a domestic nonprofit mutual association, as defined in this Section, is deemed to be an insurer for the purposes of all surplus requirements, policy reserve requirements, and liquidation, conservation, rehabilitation, and receivership proceedings all as defined and set out in this Title. For purposes of this Section, a domestic nonprofit mutual association shall include a domestic nonprofit mutual association which is engaged exclusively in the business of furnishing hospital service, medical, or surgical benefits, or any similar entity. Acts 1994, 3rd Ex. Sess., No. 92, §1; Redesignated from R.S. 22:133 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1. NOTE: Former R.S. 22:124 redesignated as R.S. 22:116 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=506317Fetched: 10/20/2026

Starting a business in Louisiana? Louisiana LLC guide: costs and requirements

La. R.S. 22:124 — Domestic nonprofit mutual associations; insurer | Louisiana Revised Statutes, Codes and Constitution (through the 2025 First Extraordinary Session) | Corpus