La. Stat. tit. 22 § 117
Current with changes from the 2024 3rd Extraordinary Session effective on or before 1/1/2025
No domestic mutual insurer shall pay any dividends to its policyholders unless it has a surplus beyond the initial minimum surplus required and all other liabilities, except a liability created under R.S. 22:116(2), equal to fifteen percent of such initial minimum surplus.
La. R.S. § 22:117