La. Stat. tit. 22 § 141

Current with changes from the 2024 Legislative Session
Section 22:141 - Industrial insurance defined

Industrial life insurance is hereby defined and shall be construed to be that insurance which is issued by:

(1) a domestic life insurance company, qualified as an industrial insurer; or
(2) a life insurer, domestic or foreign, whose policies provide any or all of the benefits enumerated in R.S. 22:142, and whose policies shall not exceed the limitation set forth therein and whose policy provisions and nonforfeiture benefits are at least as favorable to the policyholder as those contained in R.S. 22:146 and 149, respectively.

La. R.S. § 22:141

Acts 1958, No. 125. Amended by Acts 1958, No. 94, §2, eff. Jan. 1, 1959 at 12:00 Noon; Redesignated from R.S. 22:251 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1.
Acts 1958, No. 125. Amended by Acts 1958, No. 94, §2, eff. 1/1/1959 at 12:00 Noon; Redesignated from R.S. 22:251 by Acts 2008, No. 415, §1, eff. 1/1/2009; Acts 2009, No. 503, §1.