Louisiana § RS 22:691.51 - Purpose and scope

Full text of Louisiana Louisiana Civil Code § RS 22:691.51 — Purpose and scope, with citation guidance and answers to common questions.

§ RS 22:691.51. Purpose and scope

            A. The purpose of this Subpart is to:

            (1) Provide the commissioner a summary of an insurer or insurance group's corporate governance structure, policies, and practices to permit the commissioner to gain and maintain an understanding of the insurer's corporate governance framework.

            (2) Outline the requirements for completing a corporate governance annual disclosure with the commissioner.

            (3) Provide for the confidential treatment of the corporate governance annual disclosure and related information that will contain confidential and sensitive information related to an insurer or insurance group's internal operations and proprietary and trade secret information which, if made public, could potentially cause the insurer or insurance group competitive harm or disadvantage.

            B. Nothing in this Subpart shall be construed to prescribe or impose corporate governance standards and internal procedures beyond those required pursuant to this Title or other laws of this state. Notwithstanding any other provision of this Subpart to the contrary, nothing in this Subpart shall be construed to limit the commissioner's authority or the rights or obligations of third parties pursuant to this Title.

            C. The requirements of this Subpart shall apply to all insurers domiciled in this state.

            Acts 2015, No. 304, §1, eff. Jan. 1, 2016.

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 22:691.51

What does Louisiana Civil Code § RS 22:691.51 cover?

Section RS 22:691.51 ("Purpose and scope") 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 22:691.51?

A common citation format is "Louisiana Civil Code § RS 22:691.51" (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 22:691.51 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.