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Any participant in the plan shall cede to the plan one hundred percent of the essential property insurance written pursuant to and on the terms and conditions set forth in the plan.

Acts 2004, No. 761, §1, eff. July 6, 2004; Redesignated from La. Rev. Stat. 22:1441.8 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.