Louisiana Revised Statutes 22:367 – Reserves
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Terms Used In Louisiana Revised Statutes 22:367
- Commissioner: means the commissioner of insurance of the state of Louisiana. See Louisiana Revised Statutes 22:361
- Vehicle: means any vehicle that is required to be titled pursuant to the Vehicle Certificate of Title Law (La. See Louisiana Revised Statutes 22:361
Each vehicle mechanical breakdown insurer shall maintain loss reserves in such amounts as the commissioner deems sufficient.
Added by Acts 1978, No. 520, §1, eff. July 12, 1978; Redesignated from La. Rev. Stat. 22:1806 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.