§ 22:2001 Scope of Chapter
§ 22:2002 Persons covered
§ 22:2003 Definitions
§ 22:2004 Venue
§ 22:2005 Grounds for rehabilitation and liquidation
§ 22:2005.1 2005.1. Compliance with certain federal provisions
§ 22:2006 Injunction
§ 22:2007 Cooperation of officers, owners, and employees; civil and criminal penalties
§ 22:2008 Order of rehabilitation or liquidation
§ 22:2009 Duties of commissioner of insurance as rehabilitator; termination
§ 22:2010 Duties of commissioner of insurance as liquidator; sales; notice to creditors; reinsurance
§ 22:2011 Premiums due; effect of injunction, or order of rehabilitation or liquidation
§ 22:2012 Unearned premium; limitation of claims by insolvent insurers
§ 22:2013 Rights and liabilities of creditors fixed upon liquidation
§ 22:2013.1 Administration of large deductible policies and insured collateral
§ 22:2014 Deposit of monies collected
§ 22:2015 Investment in securities
§ 22:2016 Borrowing on the pledge of assets
§ 22:2017 Only commissioner of insurance may apply for appointment of receiver or liquidator
§ 22:2018 Appointment of assistants
§ 22:2019 Exemption from filing fees
§ 22:2020 Prohibited and voidable transfer and liens
§ 22:2021 Fraudulent transfers prior to petition
§ 22:2022 Fraudulent transfer after petition
§ 22:2023 Voidable preferences and liens
§ 22:2024 Claims of holders of void or voidable rights
§ 22:2025 Priority of claims
§ 22:2026 Set-offs
§ 22:2027 Time to file claims
§ 22:2028 Proof and allowance of claims
§ 22:2029 Report for assessment
§ 22:2030 Levy of assessment
§ 22:2031 Order to pay assessment
§ 22:2032 Publication and transmittal of assessment order
§ 22:2033 Judgment upon the assessment
§ 22:2034 Distribution of assets; priorities; unpaid dividends
§ 22:2035 Grounds for conservation of assets of an authorized foreign or alien insurer or an unauthorized insurer writing business on a surplus line basis
§ 22:2036 Provisions for conservation of assets of domestic company
§ 22:2037 Payments to Insurance Guaranty Association
§ 22:2038 Uniform Insurers Liquidation Law
§ 22:2039 Conduct of delinquency proceedings against insurers not domiciled in this state
§ 22:2040 Claims of nonresidents against domestic insurers
§ 22:2041 Claims against foreign insurers
§ 22:2042 Priority of certain claims
§ 22:2043 Attachment and garnishment of assets
§ 22:2043.1 Actions by and against the receiver
§ 22:2044 Uniformity of interpretation
§ 22:2045 Confidentiality

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Louisiana Revised Statutes > Title 22 > Chapter 9 - Rehabilitation, Liquidation, Conservation

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Allegation: something that someone says happened.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
  • Chambers: A judge's office.
  • Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
  • clinician: means a physician, physician assistant providing healthcare services in accordance with Louisiana Revised Statutes 17:500
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Council: means the Quality Science and Mathematics Council. See Louisiana Revised Statutes 17:372
  • Court reporter: A person who makes a word-for-word record of what is said in court and produces a transcript of the proceedings upon request.
  • Cross examine: Questioning of a witness by the attorney for the other side.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • disciplinary action: shall include only suspension without pay, reduction in pay, or involuntary demotion or dismissal. See Louisiana Revised Statutes 17:441
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Docket: A log containing brief entries of court proceedings.
  • Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Governing body: means the board or body in which the bond issuing power of a governmental unit is vested. See Louisiana Revised Statutes 13:5121
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Oath: A promise to tell the truth.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Program: means the Quality Science and Mathematics Program. See Louisiana Revised Statutes 17:372
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
  • Risk is imminent: means that the available facts, when viewed in light of surrounding circumstances, would cause a reasonable person to believe that the event stated in the threat is about to happen. See Louisiana Revised Statutes 17:409.2
  • school bus operator: means any employee of any city, parish, or other local public school board whose duty it is to transport students in any board school bus or activity bus to and from any school of suitable grade approved by the state Department of Education or to and from any school-related activity. See Louisiana Revised Statutes 17:491
  • Student: means any person registered or enrolled at a school. See Louisiana Revised Statutes 17:409.2
  • Teacher: means any employee of a parish or city school board who holds a teacher's certificate and whose legal employment requires such teacher's certificate. See Louisiana Revised Statutes 17:372
  • Teacher: means :

                (a) Any employee of a local public school board, state special school, or a school or program administered by the special school district who holds a teacher's certificate and whose legal employment requires such teacher's certificate. See Louisiana Revised Statutes 17:441

  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Threat is credible: means that the available facts, when viewed in light of surrounding circumstances, would cause a reasonable person to believe that the person communicating the threat actually intends to carry out the threat. See Louisiana Revised Statutes 17:409.2
  • Threat of terrorism: means communication, whether oral, visual, or written, including but not limited to electronic mail, letters, notes, social media posts, text messages, blogs, or posts on any social networking website, of any crime of violence that would reasonably cause any student, teacher, principal, or school employee to be in sustained fear for his safety, cause the evacuation of a building, or cause other serious disruption to the operation of a school. See Louisiana Revised Statutes 17:409.2
  • Threat of violence: means communication, whether oral, visual, or written, including but not limited to electronic mail, letters, notes, social media posts, text messages, blogs, or posts on any social networking website, of any intent to kill, maim, or cause great bodily harm to a student, teacher, principal, or school employee on school property or at any school function. See Louisiana Revised Statutes 17:409.2
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Venue: The geographical location in which a case is tried.