Louisiana § RS 22:550.25 - Policy forms
Full text of Louisiana Louisiana Civil Code § RS 22:550.25 — Policy forms, with citation guidance and answers to common questions.
§ RS 22:550.25. Policy forms
A. A captive insurance company shall not issue, deliver, or use a policy form unless it has been filed with and approved by the commissioner.
B. Every such filing shall be made not less than forty-five days in advance for any lines of insurance of any such issuance, delivery, or use. At the expiration of forty-five days, the filed form shall be deemed approved unless prior thereto it has been affirmatively approved or disapproved by order of the commissioner. The commissioner may extend by not more than an additional fifteen days the period within which he may affirmatively approve or disapprove a form by giving notice of the extension before expiration of the initial forty-five-day period. At the expiration of any extended period, and in the absence of prior affirmative approval or disapproval, a form shall be deemed approved. The commissioner may withdraw approval at any time for cause. Approval of a form by the commissioner constitutes a waiver of any unexpired portion of the initial fifteen-day waiting period.
Acts 2008, No. 403, §1, eff. Jan. 1, 2009; Redesignated by Acts 2009, No. 503, §3; Acts 2025, No. 313, §2.
Frequently Asked Questions About Louisiana § RS 22:550.25
What does Louisiana Civil Code § RS 22:550.25 cover?
Section RS 22:550.25 ("Policy forms") 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 22:550.25?
A common citation format is "Louisiana Civil Code § RS 22:550.25" (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 22:550.25 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.