Louisiana Revised Statutes 22:173 – Policies effective
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Terms Used In Louisiana Revised Statutes 22:173
- subscriber: means the participant or policyholder; "attorney-in-fact" means the representative of the subscribers through whom reciprocal insurance is exchanged; and "reciprocal insurer" means the organization or group of all the subscribers. See Louisiana Revised Statutes 22:161
Any policy applied for by an original subscriber shall become effective upon the issuance of the certificate of authority to the reciprocal insurer.
Acts 1958, No. 125; Redesignated from La. Rev. Stat. 22:444 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
NOTE: Former La. Rev. Stat. 22:173 redesignated as La. Rev. Stat. 22:951 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.