Louisiana Revised Statutes 22:24 – Life and health sales quotas; prohibitions
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 22:24
- Contract: A legal written agreement that becomes binding when signed.
No existing contract between an insurer and a producer may be amended to add any provision that may require, as a quota, a producer to sell a specific number of life or health policies or a specific dollar amount of life or health insurance, unless that contract contains a provision requiring the producer to sell life or health insurance.
Acts 2001, No. 287, §1; Redesignated from La. Rev. Stat. 22:1475 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.