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Terms Used In Louisiana Revised Statutes 9:3335

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

A.  Any insurance provided, sold, or obtained through a lessor pursuant to this Chapter shall be written at lawful rates and in accordance with the provisions of the Louisiana Insurance Code by a company authorized to do business in this state but, such insurance may be written in accordance with La. Rev. Stat. 22:432 through 444 if those provisions are applicable.

B.  The contract or agreement must briefly indicate the kind, coverage, term, and amount of premium for the insurance.

Acts 1985, No. 592, §1, eff. July 13, 1985; Acts 2008, No. 415, §2, eff. Jan. 1, 2009.