Louisiana § RS 22:1600 - Disclosure; required
Full text of Louisiana Louisiana Civil Code § RS 22:1600 — Disclosure; required, with citation guidance and answers to common questions.
§ RS 22:1600. Disclosure; required
A. At the time a written application for insurance is made, the financial institution shall obtain a separate written statement, signed by the customer, acknowledging that the customer has received and understands the following disclosures:
(1) - (3) Repealed by Acts 2004, No. 350, §2.
(4) The customer is not required to purchase insurance through the financial institution, and the customer's choice of another insurance provider will not affect the financial institution's credit decision or credit terms in any way.
B. The financial institution shall give the customer the disclosure provided in Subsection A of this Section when it first informs the customer that required insurance is available from the financial institution if:
(1) Insurance is required in order to obtain a loan.
(2) Loan approval is contingent on the customer's obtaining acceptable insurance.
(3) The customer obtained insurance required in connection with the loan from another insurance provider and the financial institution is soliciting the sale of insurance to replace the customer's existing coverage.
C. Repealed by Acts 2004, No. 350, §2.
Acts 1997, No. 1475, §2, eff. July 15, 1997; Acts 2004, No. 350, §2; Redesignated from R.S. 22:3059 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2011, No. 94, §1, eff. Jan. 1, 2012.
Frequently Asked Questions About Louisiana § RS 22:1600
What does Louisiana Civil Code § RS 22:1600 cover?
Section RS 22:1600 ("Disclosure; required") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 22:1600?
A common citation format is "Louisiana Civil Code § RS 22:1600" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 22:1600 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.