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La. Rev. Stat. § 22:550.15

Payment of dividends

Louisiana · Louisiana Revised Statutes Title 22 — Insurance · Status: effective

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La. Rev. Stat. § 22:550.15, Payment of dividends, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2704078
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A captive insurance company shall not pay dividends out of, or make any other distribution with respect to its capital or surplus, or both, unless the captive insurance company has obtained the prior approval of the commissioner to make such a payment or distribution.