Louisiana Revised Statutes 22:1946 – Advertisement by insurers
Terms Used In Louisiana Revised Statutes 22:1946
- Commissioner: shall mean the commissioner of insurance of this state. See Louisiana Revised Statutes 22:1942
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A. No person shall publish or print in any newspaper, magazine, periodical, circular letter, pamphlet, or in any other manner or publish by radio broadcasting in this state, any advertisement or other notice either directly or indirectly setting forth the advantages of or soliciting business for any insurer which has not been authorized to do business in Louisiana.
B. No person shall accept for publication or printing in any newspaper, magazine, or other periodical, or circular letter or pamphlet, or in any other manner, or for radio broadcasting in this state, any advertisement or other notice either directly or indirectly setting forth the advantages of or soliciting business for any insurer unless the advertisement or notice is accompanied by a certificate from the office of the commissioner of insurance to the effect that the insurer is authorized to do business in Louisiana.
C. Whoever violates this Section shall be fined not more than one thousand dollars or imprisoned for not more than one year, or both.
Acts 1958, No. 125; Redesignated from La. Rev. Stat. 22:1523 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2012, No. 271, §1.