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Terms Used In Louisiana Revised Statutes 22:865

  • Contract: A legal written agreement that becomes binding when signed.

A policy may contain additional provisions, which are not inconsistent with this Code, and which are either:

(1)  Required to be inserted by the laws of the insurer’s state of domicile.

(2)  Necessary, on account of the manner in which the insurer is constituted or operated, to state the rights and obligations of the parties to the contract.

Acts 1958, No. 125; Redesignated from La. Rev. Stat. 22:625 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2010, No. 375, §1, eff. Jan. 1, 2011.

NOTE:  Former La. Rev. Stat. 22:865 redesignated as La. Rev. Stat. 22:616 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.