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La. Rev. Stat. § 22:1602

Insurance in connection with a loan

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

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La. Rev. Stat. § 22:1602, Insurance in connection with a loan, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2705320
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A. If insurance is required as a condition of obtaining a loan, the credit and insurance transactions shall be completed independently and through separate documents. B. A loan for premiums on required insurance shall not be included in the primary credit without the written consent of the customer. C. This Section shall not apply to a premium finance loan that is not made in connection with another loan or extension of credit.