Louisiana Revised Statutes 22:168 – Documents to be filed
Terms Used In Louisiana Revised Statutes 22:168
- 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.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
A. Upon execution of the declaration of organization, there shall be filed with the commissioner of insurance the following:
(1) The declaration of organization.
(2) A copy of the power of attorney of the attorney-in-fact under or by virtue of which insurance contracts are to be effected or exchanged.
(3) The insurer’s irrevocable authorization of the secretary of state, and his successors in office, to receive legal process issued in this state against the insurer.
(4) All forms of insurance policies or contracts and endorsements proposed to be used and the forms of applications therefor.
B. Upon approval of the commissioner of insurance, he shall record with the secretary of state a copy of the insurer’s irrevocable authorization of the secretary of state, and his successors in office, to receive legal process issued in this state against the insurer.
Acts 1958, No. 125; Redesignated from La. Rev. Stat. 22:439 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
NOTE: Former La. Rev. Stat. 22:168 redesignated as La. Rev. Stat. 22:936 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.